118 Laughlin RdEagle LakeTX77434
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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 Eagle Lake at 118 Laughlin Rd, Eagle Lake, TX, 77434 priced at $345,000 converts $2,438/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,438/mo. Return on cash invested prints 19.74% in year one, and rental yield reads 8.48% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 103.2% and total cumulative return in cash sums $118,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,438/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
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Listed by: Penny Henske • Tri-County Realty, LLC - Double G Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #12684836
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