2323 Oakwood DrLake 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 2323 Oakwood Dr, Lake Jackson, TX, 77566 generates $3,545/mo in rent, after a $2,633/mo payment. Total monthly income is $3,545/mo. Return on cash invested sits at 18.14% in year one, and rental yield is 7.91% on a $537,900 entry. Equity gained on principal adds $3,471/yr, while 5% annual appreciation builds toward $148,612 over five years. Five-year ROI reaches 94.54% and total cumulative return in cash sums $167,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,545/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5.08 Acres lot
$N/A/sqft
$35 annually 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: Patricia Taylor • Coldwell Banker Ultimate
Mls Name: HAR
Mls Provider:
Mls ID: #50483675
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