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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 Somerville at 124 Pleasant Path, Somerville, TX, 77879 generates $2,280/mo in rent and, after a $1,321/mo payment, leaves $296/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $3,549/yr on $89,472 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 10.14% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 125.64% and total cumulative return in cash sums $112,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
8,189 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Benjamin Deal • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #52098909
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.
