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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in El Campo at 1901 W Norris St, El Campo, TX, 77437 offers $2,657/mo rent that, after a $1,441/mo payment, leaves $563/mo cash flow. Total monthly income is $2,657/mo, and annual cash flow is $6,758/yr on $97,627 cash. Return on cash invested measures 26.83% in year one, and rental yield stands at 10.83% at a $294,500 entry. Equity gained on principal adds $1,900/yr while 5% annual appreciation compounds into $81,365 by year five. Five-year ROI records 141.21% and total cumulative return in cash reaches $137,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,657/mo property income versus a $1,441/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.
| 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 |
Residential
6,619
Single Family
6,174
Multi-Family
445
Businesses
925
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $294,500 |
| 2024-07-14 | Listing removed | N/A |
| 2024-03-08 | Price change | $282,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melissa Rod • The Real Estate Service
Mls Name: HAR
Mls Provider:
Mls ID: #36440019
Disclaimer: Copyright 2024, 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.
