10940 Mesquite DrLa PorteTX77571
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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 La Porte at 10940 Mesquite Dr, La Porte, TX, 77571 uses $82,809 cash to close to unlock $5,739/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $2,268/mo, and a $1,223/mo payment keeps the spread at $478/mo. Purchase price stands at $249,800, and rental yield measures 10.9% with $2,268/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $69,015 over five years. Five-year ROI reaches 141.34% and total cumulative return in cash records $117,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,268/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1984
6,882 sqft lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77571, La Porte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,032 (100%) |
| Owner Occupied HU | 10,813 (67.4%) |
| Renter Occupied HU | 4,126 (25.7%) |
| Vacant Housing Units | 1,093 ( 6.8%) |
| Median Home Value | $266,608 |
| Average Home Value | $313,695 |
Housing Distribution
Address Breakdown
Residential
15,236
Single Family
12,840
Multi-Family
2,396
Businesses
1,081
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