123 & 125 3rd StDickinsonTX77539
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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 Dickinson at 123 & 125 3rd St, Dickinson, TX, 77539 uses $89,505 cash to close to unlock $714/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,322/mo payment keeps the spread at $60/mo. Purchase price stands at $270,000, and rental yield measures 8.8% with $1,980/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 108.34% and total cumulative return in cash records $96,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
8,770 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,032 (100%) |
| Owner Occupied HU | 14,241 (67.7%) |
| Renter Occupied HU | 4,862 (23.1%) |
| Vacant Housing Units | 1,929 ( 9.2%) |
| Median Home Value | $283,214 |
| Average Home Value | $329,256 |
Housing Distribution
Address Breakdown
Residential
18,365
Single Family
16,040
Multi-Family
2,325
Businesses
1,136
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Listed by: Sheryl Warren • StarCrest Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #24415206
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