243 Bay Laurel DrAlvinTX77511
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 Alvin at 243 Bay Laurel Dr, Alvin, TX, 77511 listed at $356,330 pairs $2,514/mo rent with a $1,744/mo payment. Total monthly income runs $2,514/mo. Return on cash invested measures 19.71% in year one, and rental yield registers 8.47% at a $356,330 basis. Equity gained on principal adds $2,299/yr, and annual property appreciation at 5% supports $98,447 by year five. Five-year ROI tracks 103% and total cumulative return in cash totals $121,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $1,744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77511, Alvin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,861 (100%) |
| Owner Occupied HU | 14,550 (66.6%) |
| Renter Occupied HU | 5,626 (25.7%) |
| Vacant Housing Units | 1,685 ( 7.7%) |
| Median Home Value | $269,812 |
| Average Home Value | $298,856 |
Housing Distribution
Address Breakdown
Residential
20,032
Single Family
17,392
Multi-Family
2,640
Businesses
1,090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices