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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% |
Rental property for sale in Eagle Lake at 1605 E Main St, Eagle Lake, TX, 77434 offers $1,820/mo rent that, after a $1,713/mo payment. Total monthly income is $1,820/mo. Return on cash invested measures 12.99% in year one, and rental yield stands at 6.24% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 66.99% and total cumulative return in cash reaches $77,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,820/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1983.23 | 3.50% | $172,836 | 10.00% |
| 2023-04-01 | $1916.23 | -28.45% | $157,124 | 10.00% |
| 2022-04-01 | $2678.25 | -0.81% | $142,840 | 5.02% |
Listed by: Jodi Gauthier • ThisIsLivin Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #55128512
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