249 W Oak Lee DrOnalaskaTX77360
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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 Onalaska at 249 W Oak Lee Dr, Onalaska, TX, 77360 uses $39,449 cash to close to unlock $1,275/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $952/mo, and a $582/mo payment keeps the spread at $106/mo. Purchase price stands at $119,000, and rental yield measures 9.6% with $952/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 121.45% and total cumulative return in cash records $47,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $952/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77360, Onalaska, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,133 (56.7%) |
| Renter Occupied HU | 517 (13.7%) |
| Vacant Housing Units | 1,115 (29.6%) |
| Median Home Value | $156,563 |
| Average Home Value | $203,833 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,392
Multi-Family
8
Businesses
152
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