2703 GillespieCrystal BeachTX77650
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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
Rental property for sale in Crystal Beach at 2703 Gillespie, Crystal Beach, TX, 77650 generates $3,827/mo in rent, after a $3,421/mo payment. Total monthly income is $3,827/mo. Return on cash invested sits at 14.09% in year one, and rental yield is 6.57% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 72.85% and total cumulative return in cash sums $167,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,827/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77650, Port Bolivar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 1,061 (30.4%) |
| Renter Occupied HU | 178 ( 5.1%) |
| Vacant Housing Units | 2,255 (64.5%) |
| Median Home Value | $428,038 |
| Average Home Value | $474,239 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
124
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Nearby investment properties with comparable prices
Listed by: Kelsey Ardoin • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #61255812
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