16122 Coral Bay StCrosbyTX77532
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
Investment property for sale in Crosby at 16122 Coral Bay St, Crosby, TX, 77532 listed at $229,950 pairs $1,904/mo rent with a $1,125/mo payment to leave $214/mo cash flow. Total monthly income runs $1,904/mo, and annual cash flow reaches $2,571/yr on $76,228 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 9.94% at a $229,950 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,531 by year five. Five-year ROI tracks 122.51% and total cumulative return in cash totals $93,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,904/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.27 Acres lot
$N/A/sqft
$660 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Enrique Rangel • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #93976160
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.