1609 E Bayshore DrSan LeonTX77539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 San Leon at 1609 E Bayshore Dr, San Leon, TX, 77539 generates $1,441/mo in rent, after a $1,184/mo payment. Total monthly income is $1,441/mo. Return on cash invested sits at 15.73% in year one, and rental yield is 7.15% on a $241,900 entry. Equity gained on principal adds $1,561/yr, while 5% annual appreciation builds toward $66,833 over five years. Five-year ROI reaches 81.66% and total cumulative return in cash sums $65,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,441/mo property income rather than buyer’s personal income.
Multi Family
Built in 1964
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,032 (100%) |
| Owner Occupied HU | 14,241 (67.7%) |
| Renter Occupied HU | 4,862 (23.1%) |
| Vacant Housing Units | 1,929 ( 9.2%) |
| Median Home Value | $283,214 |
| Average Home Value | $329,256 |
Housing Distribution
Address Breakdown
Residential
18,365
Single Family
16,040
Multi-Family
2,325
Businesses
1,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices