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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somerville at 294 Harvest Lake Dr, Somerville, TX, 77879 earns $72/mo cash flow from $2,280/mo rent with a $1,475/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $865/yr on $99,881 capital. ROI tracks 20.78% on current figures, and rental yield reads 9.08% at a $301,300 purchase. Equity gained on principal adds $1,944/yr, and 5% annual appreciation supports $83,244 over five years. Five-year ROI reaches 109.02% and total cumulative return in cash sums $108,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$65 monthly HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listing removed | $304,300 |
| 2024-06-19 | Listed for sale | $304,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Stylecraft Homes
Mls Provider:
Mls ID: #N/A
