120 Bevan CirSour LakeTX77659
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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 Sour Lake at 120 Bevan Cir, Sour Lake, TX, 77659 priced at $450,000 pairs $4,410/mo rent with $1,210/mo cash flow after a $2,203/mo payment. Total monthly income equals $4,410/mo, and annual cash flow comes to $14,514/yr on $149,175 invested. Return on cash invested is 29.64% in year one, and rental yield stands at 11.76% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 156.23% and total cumulative return in cash reaches $233,058. For financing, Ziffy Mortgage’s DSCR program evaluates $4,410/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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