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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eagle Lake at 223 W Waverly Ave, Eagle Lake, TX, 77434 uses $99,119 cash to close to unlock $8,307/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,818/mo, and a $1,463/mo payment keeps the spread at $692/mo. Purchase price stands at $299,000, and rental yield measures 11.31% with $2,818/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 149.03% and total cumulative return in cash records $147,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,818/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $299,000 |
| 2022-06-09 | Listing removed | N/A |
| 2022-04-05 | Pending sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-04-14 | N/A | N/A | $125,540 | -1.34% |
| 2015-04-14 | N/A | N/A | $127,250 | -1.33% |
| 2014-04-14 | N/A | N/A | $128,960 | -1.31% |
Listed by: Ayriel Duffy • Lone Star Luxe Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #84377494
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
