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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 Eagle lake at 121 Laughlin Rd, Eagle lake, TX, 77434 offers $3,514/mo rent that, after a $2,692/mo payment. Total monthly income is $3,514/mo. Return on cash invested measures 17.43% in year one, and rental yield stands at 7.67% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 90.71% and total cumulative return in cash reaches $164,134. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,514/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| 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 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Price change | $550,000 |
| 2024-08-05 | Price change | $575,000 |
| 2024-08-01 | Price change | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-12-27 | N/A | N/A | $34,590 | N/A |
| 2015-12-27 | N/A | N/A | $34,590 | N/A |
| 2014-12-27 | N/A | N/A | $34,590 | N/A |
Listed by: Tilah Lee Spruel • Connect Realty.com
Mls Name: HAR
Mls Provider:
Mls ID: #72041729
Disclaimer: Copyright 2024, 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.
