232 Laurel StLake JacksonTX77566
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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 Lake Jackson at 232 Laurel St, Lake Jackson, TX, 77566 priced at $239,999 converts $2,154/mo rent into $447/mo cash flow after a $1,175/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $5,364/yr on $79,560 invested. Return on cash invested prints 26.65% in year one, and rental yield reads 10.77% against a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,307 by year five. Five-year ROI reaches 140.18% and total cumulative return in cash sums $111,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1950
9,217 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77566, Lake Jackson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,766 (100%) |
| Owner Occupied HU | 8,215 (59.7%) |
| Renter Occupied HU | 4,069 (29.6%) |
| Vacant Housing Units | 1,482 (10.8%) |
| Median Home Value | $285,479 |
| Average Home Value | $315,858 |
Housing Distribution
Address Breakdown
Residential
13,046
Single Family
9,719
Multi-Family
3,327
Businesses
1,090
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Listed by: Ashley Perez • Coldwell Banker Ultimate
Mls Name: HAR
Mls ID: #19601326