1404 Kipp AveKemahTX77565
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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 Kemah at 1404 Kipp Ave, Kemah, TX, 77565 uses $149,175 cash to close to unlock $8,166/yr annual cash flow and $681/mo monthly cash flow. Total monthly income runs $3,881/mo, and a $2,203/mo payment keeps the spread at $681/mo. Purchase price stands at $450,000, and rental yield measures 10.35% with $3,881/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 133.42% and total cumulative return in cash records $199,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,881/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1996
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77565, Kemah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,959 (100%) |
| Owner Occupied HU | 2,585 (52.1%) |
| Renter Occupied HU | 1,769 (35.7%) |
| Vacant Housing Units | 605 (12.2%) |
| Median Home Value | $445,345 |
| Average Home Value | $564,393 |
Housing Distribution
Address Breakdown
Residential
3,887
Single Family
2,616
Multi-Family
1,271
Businesses
744
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