1884 Attaway RdSour LakeTX77659
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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 Sour Lake at 1884 Attaway Rd, Sour Lake, TX, 77659 uses $124,313 cash to close to unlock $1,221/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $1,835/mo payment keeps the spread at $102/mo. Purchase price stands at $375,000, and rental yield measures 8.86% with $2,768/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 109.31% and total cumulative return in cash records $135,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1989
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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Listed by: Karisa Tinsley • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #79096401
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