18 S Pin Oak DrTexas CityTX77591
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 Texas City at 18 S Pin Oak Dr, Texas City, TX, 77591 offers $1,243/mo rent that, after a $759/mo payment, leaves $140/mo cash flow. Total monthly income is $1,243/mo, and annual cash flow is $1,685/yr on $51,383 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 9.62% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 121.71% and total cumulative return in cash reaches $62,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,243/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77591, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,747 (100%) |
| Owner Occupied HU | 4,772 (54.6%) |
| Renter Occupied HU | 3,181 (36.4%) |
| Vacant Housing Units | 794 ( 9.1%) |
| Median Home Value | $284,863 |
| Average Home Value | $350,868 |
Housing Distribution
Address Breakdown
Residential
7,550
Single Family
5,010
Multi-Family
2,540
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shcommie Simpore • Canoi Realtors
Mls Name: HAR
Mls ID: #17863483