1107 3rd Ave NTexas CityTX77590
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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 Texas City at 1107 3rd Ave N, Texas City, TX, 77590 generates $2,193/mo in rent and, after a $978/mo payment, leaves $772/mo in cash flow. Total monthly income is $2,193/mo, and annual cash flow is $9,263/yr on $66,267 invested. Return on cash invested sits at 33.89% in year one, and rental yield is 13.16% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 179% and total cumulative return in cash sums $118,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,193/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
8,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Listed by: April Aberle • RE/MAX Crossroads Realty
Mls Name: HAR
Mls ID: #96501873