2415 Pilgrim Estates DrTexas CityTX77590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2415 Pilgrim Estates Dr, Texas City, TX, 77590 with 5% annual appreciation on a $375,000 basis while $2,878/mo rent supports operations. Total monthly income totals $2,878/mo and a $1,835/mo payment preserves $212/mo for cash returns. Annual cash flow comes to $2,541/yr on $124,313 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 9.21%. Five-year ROI measures 115.02% and total cumulative return in cash totals $142,983.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,878/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
10,598 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbie Tucker • Etheredge Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #56743833
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.