2917 Danforth DrTexas CityTX77590
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 Texas City at 2917 Danforth Dr, Texas City, TX, 77590 at $125,000 posts ROI 46.09% with $904/mo cash flow from $1,793/mo rent. Total monthly income equals $1,793/mo, and annual cash flow records $10,847/yr on $41,438 to close. Return on cash invested measures 46.09% and rental yield reads 17.21% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 244.46% and total cumulative return in cash totals $101,297.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,793/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
6,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Kinne • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #85042573
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.