197 County Road 849EvadaleTX77615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 197 County Road 849, Evadale, TX, 77615 in Evadale: $1,248/mo in rent, $324/mo in net income, 11.52% gross yield, 2.13 DSCR, all at $130,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $35,917 in appreciation and $1,197/yr in principal paydown projects total cumulative return of $70,625.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $324 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,248 |
| Total Monthly Debt Service | $873 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices