1203 Lancer Leap DrAlvinTX77511
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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
Investment property for sale in Alvin at 1203 Lancer Leap Dr, Alvin, TX, 77511 earns $895/mo cash flow from $3,206/mo rent with a $1,591/mo payment. Total monthly income totals $3,206/mo, and annual cash flow totals $10,735/yr on $107,738 capital. ROI tracks 29.87% on current figures, and rental yield reads 11.84% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 157.49% and total cumulative return in cash sums $169,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,206/mo property income instead of your personal income.
Single Family
Built in 2021
7,126 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77511, Alvin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,861 (100%) |
| Owner Occupied HU | 14,550 (66.6%) |
| Renter Occupied HU | 5,626 (25.7%) |
| Vacant Housing Units | 1,685 ( 7.7%) |
| Median Home Value | $269,812 |
| Average Home Value | $298,856 |
Housing Distribution
Address Breakdown
Residential
20,032
Single Family
17,392
Multi-Family
2,640
Businesses
1,090
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