257 Harvest Lake DrSomervilleTX77879
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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 Somerville at 257 Harvest Lake Dr, Somerville, TX, 77879 at $268,700 posts ROI 21.38% with $109/mo cash flow from $2,053/mo rent. Total monthly income equals $2,053/mo, and annual cash flow records $1,309/yr on $89,074 to close. Return on cash invested measures 21.38% and rental yield reads 9.17% at the current $268,700. Equity gained on principal adds $1,734/yr, and 5% annual appreciation supports $74,237 by year five. Five-year ROI prints 112.14% and total cumulative return in cash totals $99,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,053/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
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Listed by: Tracy Hailes • Stylecraft Brokerage, LLC
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24014447
Disclaimer: IDX information is provided exclusively for 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.