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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in El Campo at 1510 Michael St, El Campo, TX, 77437 uses $86,157 cash to close to unlock $5,243/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $2,285/mo, and a $1,272/mo payment keeps the spread at $437/mo. Purchase price stands at $259,900, and rental yield measures 10.55% with $2,285/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 136.67% and total cumulative return in cash records $117,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,285/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,472 (62.3%) |
| Renter Occupied HU | 2,110 (29.4%) |
| Vacant Housing Units | 594 ( 8.3%) |
| Median Home Value | $228,608 |
| Average Home Value | $281,267 |
Residential
6,619
Single Family
6,174
Multi-Family
445
Businesses
925
Date | Event | Price |
|---|---|---|
| 2024-11-09 | Listed for sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2011.21 | 5.11% | $195,295 | 5.97% |
| 2023-02-13 | $1913.36 | -30.56% | $184,294 | 9.83% |
| 2022-02-13 | $2755.49 | -1.75% | $167,792 | -0.33% |
Listed by: Justin Guyer • RE/MAX Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #33980488
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