2316 Gary AveNederlandTX77627
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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 Nederland at 2316 Gary Ave, Nederland, TX, 77627 priced at $219,900 converts $2,134/mo rent into $571/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,134/mo, and annual cash flow totals $6,847/yr on $72,897 invested. Return on cash invested prints 29.3% in year one, and rental yield reads 11.65% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 154.45% and total cumulative return in cash sums $112,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,134/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1962
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77627, Nederland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,025 (100%) |
| Owner Occupied HU | 6,434 (64.2%) |
| Renter Occupied HU | 2,603 (26.0%) |
| Vacant Housing Units | 988 ( 9.9%) |
| Median Home Value | $227,238 |
| Average Home Value | $249,100 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,232
Multi-Family
893
Businesses
1,097
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