1022 W 8th StFreeportTX77541
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Freeport at 1022 W 8th St, Freeport, TX, 77541 uses $48,072 cash to close to unlock $958/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,148/mo, and a $710/mo payment keeps the spread at $80/mo. Purchase price stands at $145,014, and rental yield measures 9.5% with $1,148/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $40,065 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash records $55,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,148/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77541, Freeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 4,175 (47.2%) |
| Renter Occupied HU | 2,030 (23.0%) |
| Vacant Housing Units | 2,633 (29.8%) |
| Median Home Value | $191,538 |
| Average Home Value | $246,877 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,159
Multi-Family
911
Businesses
485
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Listed by: Chet Polniazek • 1st Texas Realty Services
Mls Name: HAR
Mls Provider:
Mls ID: #72550872
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