106 Pelican PlFreeportTX77541
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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
Rental property for sale in Freeport at 106 Pelican Pl, Freeport, TX, 77541 priced at $495,000 pairs $2,488/mo rent with after a $2,423/mo payment. Total monthly income equals $2,488/mo. Return on cash invested is 12.36% in year one, and rental yield stands at 6.03% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 63.56% and total cumulative return in cash reaches $104,302. For financing, Ziffy Mortgage’s DSCR program evaluates $2,488/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
5,662 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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