2098 Fm 1131 RdEvadaleTX77615
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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 Evadale at 2098 Fm 1131 Rd, Evadale, TX, 77615 generates $1,744/mo in rent, after a $1,214/mo payment. Total monthly income is $1,744/mo. Return on cash invested sits at 19.62% in year one, and rental yield is 8.44% on a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 102.55% and total cumulative return in cash sums $84,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,744/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
9 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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