230 Shoshone Ridge DrLa MarqueTX77568
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Marque at 230 Shoshone Ridge Dr, La Marque, TX, 77568 generates $2,360/mo in rent and, after a $1,293/mo payment, leaves $456/mo in cash flow. Total monthly income is $2,360/mo, and annual cash flow is $5,476/yr on $87,582 invested. Return on cash invested sits at 26.16% in year one, and rental yield is 10.72% on a $264,200 entry. Equity gained on principal adds $1,705/yr, while 5% annual appreciation builds toward $72,994 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $120,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
6,111 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices