197 County Road 849EvadaleTX77615
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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 Evadale at 197 County Road 849, Evadale, TX, 77615 uses $43,095 cash to close to unlock $3,886/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $636/mo payment keeps the spread at $324/mo. Purchase price stands at $130,000, and rental yield measures 11.52% with $1,248/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 152.43% and total cumulative return in cash records $65,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77615, Evadale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 98 (100%) |
| Owner Occupied HU | 83 (84.7%) |
| Renter Occupied HU | 8 ( 8.2%) |
| Vacant Housing Units | 7 ( 7.1%) |
| Median Home Value | $108,929 |
| Average Home Value | $132,259 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
1
Multi-Family
0
Businesses
41
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