1115 W 8th StFreeportTX77541
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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 Freeport at 1115 W 8th St, Freeport, TX, 77541 generates $1,297/mo in rent and, after a $808/mo payment, leaves $97/mo in cash flow. Total monthly income is $1,297/mo, and annual cash flow is $1,159/yr on $54,698 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 9.43% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 115.64% and total cumulative return in cash sums $63,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,297/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77541, Freeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 4,175 (47.2%) |
| Renter Occupied HU | 2,030 (23.0%) |
| Vacant Housing Units | 2,633 (29.8%) |
| Median Home Value | $191,538 |
| Average Home Value | $246,877 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,159
Multi-Family
911
Businesses
485
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Listed by: Moon Kim • Lifestyles Realty Houston Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #25766275
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