2003 Gary AveNederlandTX77627
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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 Nederland at 2003 Gary Ave, Nederland, TX, 77627 generates $1,969/mo in rent and, after a $857/mo payment, leaves $724/mo in cash flow. Total monthly income is $1,969/mo, and annual cash flow is $8,689/yr on $58,013 invested. Return on cash invested sits at 34.89% in year one, and rental yield is 13.5% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 184.44% and total cumulative return in cash sums $106,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
9,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77627, Nederland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,025 (100%) |
| Owner Occupied HU | 6,434 (64.2%) |
| Renter Occupied HU | 2,603 (26.0%) |
| Vacant Housing Units | 988 ( 9.9%) |
| Median Home Value | $227,238 |
| Average Home Value | $249,100 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,232
Multi-Family
893
Businesses
1,097
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