202 W Watt St, El Campo, TX, 77437 | $248/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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202 W Watt St, El Campo, TX, 77437 | $248/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in El Campo at 202 W Watt St, El Campo, TX, 77437 priced at $315,000 pairs $2,488/mo rent with $248/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,488/mo, and annual cash flow comes to $2,973/yr on $104,423 invested. Return on cash invested is 22.76% in year one, and rental yield stands at 9.48% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 119.31% and total cumulative return in cash reaches $124,589. For financing, Ziffy Mortgage’s DSCR program evaluates $2,488/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1941

10,497 sqft lot

$N/A/sqft

No HOA

More details about the property

This desirable home is situated in convenient and sought-after area, providing easy access to a variety of amenities and local shopping, medical clinics, and an array of diverse and delicious restaurants. The Sellers recently completed a comprehensive series of renovations and construction, significantly enhancing this home. This charming residence boasts a generously sized family/game room, with a cozy fireplace, making it ideal for creating lasting family memories and gatherings. This beautiful property features newly installed carpets and flooring throughout, providing a fresh and inviting ambiance. The sellers have also made substantial improvements, including the replacement of the roof in 2024 and have applied a recent fresh coat of paint to the majority of the rooms, specifically including the bedrooms, bathrooms, and kitchen. This home exudes a delightful sense of country charm and is situated on a substantial corner lot, offering ample outdoors space for outdoor living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.

Housing Distribution

Housing Statistics

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