3003 Memphis AveNederlandTX77627
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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
Rental property for sale in Nederland at 3003 Memphis Ave, Nederland, TX, 77627 priced at $455,000 converts $4,254/mo rent into $1,018/mo cash flow after a $2,227/mo obligation. Total monthly income equals $4,254/mo, and annual cash flow totals $12,221/yr on $150,833 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 11.22% against a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation compiles into $125,708 by year five. Five-year ROI reaches 147.51% and total cumulative return in cash sums $222,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,254/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77627, Nederland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,025 (100%) |
| Owner Occupied HU | 6,434 (64.2%) |
| Renter Occupied HU | 2,603 (26.0%) |
| Vacant Housing Units | 988 ( 9.9%) |
| Median Home Value | $227,238 |
| Average Home Value | $249,100 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,232
Multi-Family
893
Businesses
1,097
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Listed by: Heather Lange • Lange Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #87906375
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