246 18th St, San Leon, TX, 77539 | 6.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in San Leon at 246 18th St, San Leon, TX, 77539 offers a 6.24% rental yield on a $284,900 purchase with $1,482/mo rent. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 67.05% and total cumulative return in cash at $63,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,482/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.61 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,032 (100%)
Owner Occupied HU	14,241 (67.7%)
Renter Occupied HU	4,862 (23.1%)
Vacant Housing Units	1,929 ( 9.2%)
Median Home Value	$283,214
Average Home Value	$329,256