1519 Spring StNederlandTX77627
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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 Nederland at 1519 Spring St, Nederland, TX, 77627 priced at $185,000 pairs $1,409/mo rent with $94/mo cash flow after a $905/mo payment. Total monthly income equals $1,409/mo, and annual cash flow comes to $1,127/yr on $61,328 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 9.14% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 113.88% and total cumulative return in cash reaches $69,843. For financing, Ziffy Mortgage’s DSCR program evaluates $1,409/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77627, Nederland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,025 (100%) |
| Owner Occupied HU | 6,434 (64.2%) |
| Renter Occupied HU | 2,603 (26.0%) |
| Vacant Housing Units | 988 ( 9.9%) |
| Median Home Value | $227,238 |
| Average Home Value | $249,100 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,232
Multi-Family
893
Businesses
1,097
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Listed by: David Smith • LPT Realty, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #257360
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.