121 Lee DrLa MarqueTX77568
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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 La Marque at 121 Lee Dr, La Marque, TX, 77568 listed at $159,990 pairs $1,229/mo rent with a $783/mo payment to leave $91/mo cash flow. Total monthly income runs $1,229/mo, and annual cash flow reaches $1,096/yr on $53,037 cash to close. Return on cash invested measures 21.98% in year one, and rental yield registers 9.22% at a $159,990 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,202 by year five. Five-year ROI tracks 115.21% and total cumulative return in cash totals $61,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,229/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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Listed by: Wanda Casey • Brown Innovations, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #60762350
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