1112 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
Investment property for sale in Texas City at 1112 3rd Ave N, Texas City, TX, 77590 listed at $110,000 pairs $1,136/mo rent with a $538/mo payment to leave $354/mo cash flow. Total monthly income runs $1,136/mo, and annual cash flow reaches $4,250/yr on $36,465 cash to close. Return on cash invested measures 31.56% in year one, and rental yield registers 12.39% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 166.71% and total cumulative return in cash totals $60,792. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,136/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1960
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: Lisbeth Calvillo • Core Properties
Mls Name: HAR
Mls ID: #33257234