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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somerville at 2601 County Road 429, Somerville, TX, 77879 listed at $525,000 pairs $2,616/mo rent with a $2,570/mo payment. Total monthly income runs $2,616/mo. Return on cash invested measures 12.29% in year one, and rental yield registers 5.98% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 63.21% and total cumulative return in cash totals $109,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
17.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| 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 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bruce Middleton • Oro Realty
Mls Name: HAR
Mls ID: #29765995
