235 Forest Park DrWest ColumbiaTX77486
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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 West Columbia at 235 Forest Park Dr, West Columbia, TX, 77486 offers $2,470/mo rent that, after a $1,571/mo payment, leaves $138/mo cash flow. Total monthly income is $2,470/mo, and annual cash flow is $1,652/yr on $106,378 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 9.24% at a $320,900 entry. Equity gained on principal adds $2,071/yr while 5% annual appreciation compounds into $88,659 by year five. Five-year ROI records 112.59% and total cumulative return in cash reaches $119,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,470/mo property income versus a $1,571/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
8,999 sqft lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77486, West Columbia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,692 (71.1%) |
| Renter Occupied HU | 659 (17.4%) |
| Vacant Housing Units | 437 (11.5%) |
| Median Home Value | $302,842 |
| Average Home Value | $340,786 |
Housing Distribution
Address Breakdown
Residential
3,361
Single Family
1,921
Multi-Family
1,440
Businesses
265
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Listed by: Kelsey Martinez • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #80002853
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