1508 Craig DrGalena ParkTX77547
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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 Galena Park at 1508 Craig Dr, Galena Park, TX, 77547 priced at $259,990 converts $2,051/mo rent into $202/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,051/mo, and annual cash flow totals $2,420/yr on $86,187 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 9.47% against a $259,990 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,830 by year five. Five-year ROI reaches 119.13% and total cumulative return in cash sums $102,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,051/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77547, Galena Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,919 (100%) |
| Owner Occupied HU | 1,725 (59.1%) |
| Renter Occupied HU | 1,052 (36.0%) |
| Vacant Housing Units | 142 ( 4.9%) |
| Median Home Value | $115,815 |
| Average Home Value | $153,070 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,752
Multi-Family
167
Businesses
224
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Listed by: Beckie Martinez • Corcoran Genesis
Mls Name: HAR
Mls Provider:
Mls ID: #87827962
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