3002 Scarlet Ibis DrTexas CityTX77590
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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
Investment property for sale in Texas City at 3002 Scarlet Ibis Dr, Texas City, TX, 77590 with 5% annual appreciation on a $262,800 basis while $1,890/mo rent supports operations. Total monthly income totals $1,890/mo and a $1,286/mo payment preserves $21/mo for cash returns. Annual cash flow comes to $258/yr on $87,118 deployed, and return on cash invested reaches 20.2% in year one. Equity gained on principal adds $1,696/yr, and five-year appreciation sums $72,607 alongside rental yield of 8.63%. Five-year ROI measures 105.66% and total cumulative return in cash totals $92,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,890/mo property income versus a $1,286/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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
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Listed by: N/A • N/A
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A