1510 N Avenue QFreeportTX77541
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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 Freeport at 1510 N Avenue Q, Freeport, TX, 77541 uses $58,676 cash to close to unlock $3,260/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $866/mo payment keeps the spread at $272/mo. Purchase price stands at $177,000, and rental yield measures 10.37% with $1,530/mo rent. Return on cash invested shows 25.46% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash records $78,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 1977
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77541, Freeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 4,175 (47.2%) |
| Renter Occupied HU | 2,030 (23.0%) |
| Vacant Housing Units | 2,633 (29.8%) |
| Median Home Value | $191,538 |
| Average Home Value | $246,877 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,159
Multi-Family
911
Businesses
485
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