20610 Live Oak DrDamonTX77430
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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 Damon at 20610 Live Oak Dr, Damon, TX, 77430 generates $2,599/mo in rent, after a $2,347/mo payment. Total monthly income is $2,599/mo. Return on cash invested sits at 13.79% in year one, and rental yield is 6.5% on a $479,500 entry. Equity gained on principal adds $3,094/yr, while 5% annual appreciation builds toward $132,477 over five years. Five-year ROI reaches 71.25% and total cumulative return in cash sums $113,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,599/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
4.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
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