280 Railroad StSour LakeTX77659
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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
Rental property for sale in Sour Lake at 280 Railroad St, Sour Lake, TX, 77659 offers $1,319/mo rent that, after a $649/mo payment, leaves $376/mo cash flow. Total monthly income is $1,319/mo, and annual cash flow is $4,515/yr on $43,924 cash. Return on cash invested measures 30.19% in year one, and rental yield stands at 11.95% at a $132,500 entry. Equity gained on principal adds $855/yr while 5% annual appreciation compounds into $36,607 by year five. Five-year ROI records 159.27% and total cumulative return in cash reaches $69,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,319/mo property income versus a $649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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