1406 Veranda MistLeague CityTX77573
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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 League City at 1406 Veranda Mist, League City, TX, 77573 uses $119,307 cash to close to unlock $3,639/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $2,863/mo, and a $1,762/mo payment keeps the spread at $303/mo. Purchase price stands at $359,900, and rental yield measures 9.55% with $2,863/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 120.43% and total cumulative return in cash records $143,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,863/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
2,874 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: Jenny Margetusakis • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls ID: #53291384