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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Somerville at 113 Oak Forest Rd, Somerville, TX, 77879 priced at $310,999 converts $1,376/mo rent into after a $1,522/mo obligation. Total monthly income equals $1,376/mo. Return on cash invested prints 10.19% in year one, and rental yield reads 5.31% against a $310,999 entry. Equity gained on principal adds $2,007/yr, while 5% annual appreciation compiles into $85,923 by year five. Five-year ROI reaches 51.92% and total cumulative return in cash sums $53,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,376/mo property income covering a $1,522/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listed for sale | $310,999 |
| 2021-04-24 | Listing removed | N/A |
| 2021-04-14 | Pending sale | $36,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-04 | $772.59 | 9.14% | $55,875 | 28.03% |
| 2022-06-04 | $707.89 | 71.62% | $43,641 | 88.80% |
| 2021-06-04 | $412.47 | N/A | $23,115 | 35.29% |
Listed by: Anthony Gutierrez • Keller Williams Realty Brazos Valley office
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25006459
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
