1611 Austin StLa 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
Investment property for sale in La Marque at 1611 Austin St, La Marque, TX, 77568 with 5% annual appreciation on a $230,000 basis while $2,411/mo rent supports operations. Total monthly income totals $2,411/mo and a $1,126/mo payment preserves $775/mo for cash returns. Annual cash flow comes to $9,302/yr on $76,245 deployed, and return on cash invested reaches 32.11% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 12.58%. Five-year ROI measures 169.53% and total cumulative return in cash totals $129,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,411/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.36 Acres 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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Listed by: Angela Wells • Stanfield Properties
Mls Name: HAR
Mls Provider:
Mls ID: #32426952
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