111 Carnation StLake JacksonTX77566
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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 Lake Jackson at 111 Carnation St, Lake Jackson, TX, 77566 with 5% annual appreciation on a $204,950 basis while $1,962/mo rent supports operations. Total monthly income totals $1,962/mo and a $1,003/mo payment preserves $505/mo for cash returns. Annual cash flow comes to $6,056/yr on $67,941 deployed, and return on cash invested reaches 28.82% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,624 alongside rental yield of 11.49%. Five-year ROI measures 151.86% and total cumulative return in cash totals $103,178.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,962/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77566, Lake Jackson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,766 (100%) |
| Owner Occupied HU | 8,215 (59.7%) |
| Renter Occupied HU | 4,069 (29.6%) |
| Vacant Housing Units | 1,482 (10.8%) |
| Median Home Value | $285,479 |
| Average Home Value | $315,858 |
Housing Distribution
Address Breakdown
Residential
13,046
Single Family
9,719
Multi-Family
3,327
Businesses
1,090
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Listed by: Dana Bush • eXp Realty LLC
Mls Name: HAR
Mls ID: #17160619