3003 2nd Ave NTexas 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 3003 2nd Ave N, Texas City, TX, 77590 uses $48,399 cash to close to unlock $3,424/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $1,324/mo, and a $715/mo payment keeps the spread at $285/mo. Purchase price stands at $146,000, and rental yield measures 10.88% with $1,324/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 142.04% and total cumulative return in cash records $68,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,324/mo property income covering a $715/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
0.40 Acres 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: Sammy Wang • Golden Key Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #36636748
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