216 W Saunders StLeague CityTX77573
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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
Investment property for sale in League City at 216 W Saunders St, League City, TX, 77573 with 5% annual appreciation on a $189,900 basis while $2,155/mo rent supports operations. Total monthly income totals $2,155/mo and a $929/mo payment preserves $805/mo for cash returns. Annual cash flow comes to $9,661/yr on $62,952 deployed, and return on cash invested reaches 35.26% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 13.62%. Five-year ROI measures 186.4% and total cumulative return in cash totals $117,341.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,155/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
7,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77573, League City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,215 (100%) |
| Owner Occupied HU | 26,640 (69.7%) |
| Renter Occupied HU | 9,939 (26.0%) |
| Vacant Housing Units | 1,636 ( 4.3%) |
| Median Home Value | $363,883 |
| Average Home Value | $407,754 |
Housing Distribution
Address Breakdown
Residential
35,692
Single Family
28,202
Multi-Family
7,490
Businesses
1,556
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Listed by: Terry Coddington • Coldwell Banker Realty - Heights
Mls Name: HAR
Mls ID: #59038699