1322 29th St NTexas CityTX77590
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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 Texas City at 1322 29th St N, Texas City, TX, 77590 earns $263/mo cash flow from $2,041/mo rent with a $1,224/mo payment. Total monthly income totals $2,041/mo, and annual cash flow totals $3,154/yr on $82,875 capital. ROI tracks 23.71% on current figures, and rental yield reads 9.8% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 124.45% and total cumulative return in cash sums $103,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,041/mo property income instead of your personal income.
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Listed by: Cyndi De Palermo • Red Diamond Realty
Mls Name: HAR
Mls Provider:
Mls ID: #48531525
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