10617 Discovery LnTexas CityTX77591
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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 Texas City at 10617 Discovery Ln, Texas City, TX, 77591 offers a 10.66% rental yield on a $311,040 purchase with $2,764/mo rent. Total monthly income registers $2,764/mo, and a $1,522/mo payment leaves $507/mo available for distribution. Annual cash flow reaches $6,080/yr on $103,110 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $2,007/yr while 5% annual appreciation supports $85,935 over five years. Portfolio math shows five-year ROI at 135.87% and total cumulative return in cash at $140,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,764/mo property income against a $1,522/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77591, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,747 (100%) |
| Owner Occupied HU | 4,772 (54.6%) |
| Renter Occupied HU | 3,181 (36.4%) |
| Vacant Housing Units | 794 ( 9.1%) |
| Median Home Value | $284,863 |
| Average Home Value | $350,868 |
Housing Distribution
Address Breakdown
Residential
7,550
Single Family
5,010
Multi-Family
2,540
Businesses
361
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Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #50090475
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