261 LaurelOnalaskaTX77360
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 Onalaska at 261 Laurel, Onalaska, TX, 77360 offers $1,411/mo rent that, after a $1,023/mo payment. Total monthly income is $1,411/mo. Return on cash invested measures 18.35% in year one, and rental yield stands at 8.1% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 95.75% and total cumulative return in cash reaches $66,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,411/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.73 Acres lot
$N/A/sqft
$180 annually 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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Nearby investment properties with comparable prices
Listed by: Sheree McCool-Fanestiel • Michele Kimmons Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #90550732
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