1510 Oleander DrLa MarqueTX77568
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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 La Marque at 1510 Oleander Dr, La Marque, TX, 77568 priced at $181,900 pairs $1,878/mo rent with $585/mo cash flow after a $890/mo payment. Total monthly income equals $1,878/mo, and annual cash flow comes to $7,017/yr on $60,300 invested. Return on cash invested is 31.55% in year one, and rental yield stands at 12.39% on a $181,900 basis. Equity gained on principal adds $1,174/yr, and 5% annual appreciation accumulates to $50,256 by year five. Five-year ROI measures 166.47% and total cumulative return in cash reaches $100,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,878/mo property income against a $890/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
10,071 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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