2991 Mimosa LnHuntsvilleTX77320
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 Huntsville at 2991 Mimosa Ln, Huntsville, TX, 77320 earns $123/mo cash flow from $1,396/mo rent with a $876/mo payment. Total monthly income totals $1,396/mo, and annual cash flow totals $1,479/yr on $59,339 capital. ROI tracks 22.4% on current figures, and rental yield reads 9.36% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 117.48% and total cumulative return in cash sums $69,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,396/mo property income instead of your personal income.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
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Listed by: Judy Emmett • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #51113340
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