1803 W Norris StEl CampoTX77437
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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
Rental property for sale in El Campo at 1803 W Norris St, El Campo, TX, 77437 offers $2,362/mo rent that, after a $1,395/mo payment, leaves $335/mo cash flow. Total monthly income is $2,362/mo, and annual cash flow is $4,023/yr on $94,478 cash. Return on cash invested measures 24.17% in year one, and rental yield stands at 9.95% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 126.92% and total cumulative return in cash reaches $119,910. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,362/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,472 (62.3%) |
| Renter Occupied HU | 2,110 (29.4%) |
| Vacant Housing Units | 594 ( 8.3%) |
| Median Home Value | $228,608 |
| Average Home Value | $281,267 |
Housing Distribution
Address Breakdown
Residential
6,619
Single Family
6,174
Multi-Family
445
Businesses
925
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Listed by: Nancy Pfardrescher • Bill Bell Realty
Mls Name: HAR
Mls Provider:
Mls ID: #94012331
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