2402 15th Ave NTexas CityTX77590
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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
Investment property for sale in Texas City at 2402 15th Ave N, Texas City, TX, 77590 listed at $219,990 pairs $2,082/mo rent with a $1,077/mo payment to leave $517/mo cash flow. Total monthly income runs $2,082/mo, and annual cash flow reaches $6,208/yr on $72,927 cash to close. Return on cash invested measures 28.42% in year one, and rental yield registers 11.36% at a $219,990 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,779 by year five. Five-year ROI tracks 149.73% and total cumulative return in cash totals $109,196. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,082/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
7,688 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Listed by: Casey Dewees • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #73745618
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