108 Palacios AveLolitaTX77971
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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 Lolita at 108 Palacios Ave, Lolita, TX, 77971 generates $1,223/mo in rent and, after a $734/mo payment, leaves $157/mo in cash flow. Total monthly income is $1,223/mo, and annual cash flow is $1,878/yr on $49,725 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.78% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 124.34% and total cumulative return in cash sums $61,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,223/mo property income rather than buyer’s personal income.
Lot
Built in N/A
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77971, Lolita, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 444 (70.0%) |
| Renter Occupied HU | 77 (12.1%) |
| Vacant Housing Units | 113 (17.8%) |
| Median Home Value | $218,905 |
| Average Home Value | $214,825 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
23
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Listed by: Ronald Linton • Coldwell Banker Realty - Houston Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #16378129
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