246 Orchard 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
Rental property for sale in Alvin at 246 Orchard Laurel Dr, Alvin, TX, 77511 offers $2,514/mo rent that, after a $1,524/mo payment, leaves $221/mo cash flow. Total monthly income is $2,514/mo, and annual cash flow is $2,646/yr on $103,235 cash. Return on cash invested measures 22.47% in year one, and rental yield stands at 9.69% at a $311,418 entry. Equity gained on principal adds $2,010/yr while 5% annual appreciation compounds into $86,039 by year five. Five-year ROI records 118.14% and total cumulative return in cash reaches $121,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $1,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,500 sqft lot
$N/A/sqft
$950 annually 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
Listed by: Thalina Garcia • Nan & Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #98655445
Disclaimer: Copyright 2025, 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.