129 Lake Point DrLeague CityTX77573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 League City at 129 Lake Point Dr, League City, TX, 77573 at $368,000 posts ROI 24.03% with $419/mo cash flow from $3,036/mo rent. Total monthly income equals $3,036/mo, and annual cash flow records $5,031/yr on $121,992 to close. Return on cash invested measures 24.03% and rental yield reads 9.9% at the current $368,000. Equity gained on principal adds $2,375/yr, and 5% annual appreciation supports $101,672 by year five. Five-year ROI prints 126.19% and total cumulative return in cash totals $153,937.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
7,474 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77573, League City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,215 (100%) |
| Owner Occupied HU | 26,640 (69.7%) |
| Renter Occupied HU | 9,939 (26.0%) |
| Vacant Housing Units | 1,636 ( 4.3%) |
| Median Home Value | $363,883 |
| Average Home Value | $407,754 |
Housing Distribution
Address Breakdown
Residential
35,692
Single Family
28,202
Multi-Family
7,490
Businesses
1,556
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Listed by: Gregory Langford • UTR TEXAS, REALTORS
Mls Name: HAR
Mls ID: #63006825