264 S Amherst DrWest ColumbiaTX77486
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
Investment property for sale in West Columbia at 264 S Amherst Dr, West Columbia, TX, 77486 offers a 11.32% rental yield on a $327,546 purchase with $3,090/mo rent. Total monthly income registers $3,090/mo, and a $1,603/mo payment leaves $711/mo available for distribution. Annual cash flow reaches $8,531/yr on $108,582 to close, and return on cash invested stands at 27.77% in year one. Equity gained on principal adds $2,114/yr while 5% annual appreciation supports $90,495 over five years. Portfolio math shows five-year ROI at 146.38% and total cumulative return in cash at $158,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $1,603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77486, West Columbia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,692 (71.1%) |
| Renter Occupied HU | 659 (17.4%) |
| Vacant Housing Units | 437 (11.5%) |
| Median Home Value | $302,842 |
| Average Home Value | $340,786 |
Housing Distribution
Address Breakdown
Residential
3,361
Single Family
1,921
Multi-Family
1,440
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Fitzgerald • Clark Realty
Mls Name: HAR
Mls Provider:
Mls ID: #14701865
Disclaimer: Copyright 2024, 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.