121 Read OakOnalaskaTX77360
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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 Onalaska at 121 Read Oak, Onalaska, TX, 77360 with 5% annual appreciation on a $284,000 basis while $2,550/mo rent supports operations. Total monthly income totals $2,550/mo and a $1,390/mo payment preserves $530/mo for cash returns. Annual cash flow comes to $6,366/yr on $94,146 deployed, and return on cash invested reaches 26.67% in year one. Equity gained on principal adds $1,833/yr, and five-year appreciation sums $78,464 alongside rental yield of 10.77%. Five-year ROI measures 140.33% and total cumulative return in cash totals $132,113.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,550/mo property income versus a $1,390/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77360, Onalaska, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,133 (56.7%) |
| Renter Occupied HU | 517 (13.7%) |
| Vacant Housing Units | 1,115 (29.6%) |
| Median Home Value | $156,563 |
| Average Home Value | $203,833 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,392
Multi-Family
8
Businesses
152
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