128 Cardinal LnSmith PointTX77514
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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 Smith Point at 128 Cardinal Ln, Smith Point, TX, 77514 offers a 8.58% rental yield on a $310,000 purchase with $2,217/mo rent. Total monthly income registers $2,217/mo, and a $1,517/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $154/yr on $102,765 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 104.86% and total cumulative return in cash at $107,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,217/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,699 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77514, Anahuac, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,398 (100%) |
| Owner Occupied HU | 1,734 (72.3%) |
| Renter Occupied HU | 348 (14.5%) |
| Vacant Housing Units | 316 (13.2%) |
| Median Home Value | $228,603 |
| Average Home Value | $260,859 |
Housing Distribution
Address Breakdown
Residential
1,278
Single Family
1,278
Multi-Family
0
Businesses
162
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Listed by: Tafi Daniels • RE/MAX ONE - Premier
Mls Name: HAR
Mls ID: #3983360