1346 Woodway BlvdSour LakeTX77659
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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
Rental property for sale in Sour Lake at 1346 Woodway Blvd, Sour Lake, TX, 77659 generates $2,988/mo in rent and, after a $2,046/mo payment, leaves $15/mo in cash flow. Total monthly income is $2,988/mo, and annual cash flow is $185/yr on $138,567 invested. Return on cash invested sits at 20.04% in year one, and rental yield is 8.58% on a $418,000 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation builds toward $115,486 over five years. Five-year ROI reaches 104.79% and total cumulative return in cash sums $145,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,988/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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