23930 Fm 1462 RdNeedvilleTX77461
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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
Total monthly income runs $1,640/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 4.37% with $1,640/mo rent. Return on cash invested shows 7.36% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 36.74% and total cumulative return in cash records $54,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
12.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77461, Needville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,665 (100%) |
| Owner Occupied HU | 3,683 (78.9%) |
| Renter Occupied HU | 725 (15.5%) |
| Vacant Housing Units | 257 ( 5.5%) |
| Median Home Value | $382,481 |
| Average Home Value | $436,394 |
Housing Distribution
Address Breakdown
Residential
4,205
Single Family
4,136
Multi-Family
69
Businesses
261
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Listed by: Elias Guzman • Nexus One Properties
Mls Name: HAR
Mls Provider:
Mls ID: #12752026
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