2403 Ivory CtTexas CityTX77591
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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 2403 Ivory Ct, Texas City, TX, 77591 listed at $285,000 pairs $2,806/mo rent with a $1,395/mo payment to leave $779/mo cash flow. Total monthly income runs $2,806/mo, and annual cash flow reaches $9,351/yr on $94,478 cash to close. Return on cash invested measures 29.81% in year one, and rental yield registers 11.81% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 157.16% and total cumulative return in cash totals $148,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
5,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77591, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,747 (100%) |
| Owner Occupied HU | 4,772 (54.6%) |
| Renter Occupied HU | 3,181 (36.4%) |
| Vacant Housing Units | 794 ( 9.1%) |
| Median Home Value | $284,863 |
| Average Home Value | $350,868 |
Housing Distribution
Address Breakdown
Residential
7,550
Single Family
5,010
Multi-Family
2,540
Businesses
361
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Listed by: Janie Morales • Gulfside Realty, LLC
Mls Name: HAR
Mls ID: #26839617