116 Chestnut StLake JacksonTX77566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Jackson at 116 Chestnut St, Lake Jackson, TX, 77566 priced at $117,000 converts $941/mo rent into after a $573/mo obligation. Total monthly income equals $941/mo. Return on cash invested prints 17.18% in year one, and rental yield reads 9.65% against a $117,000 entry. Equity gained on principal adds $755/yr, while 5% annual appreciation compiles into $32,325 by year five. Five-year ROI reaches 91.65% and total cumulative return in cash sums $35,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $941/mo property income covering a $573/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #3135450
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.