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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 Louise at 301 Elm St, Louise, TX, 77455 uses $71,273 cash to close to unlock $1,169/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $1,052/mo payment keeps the spread at $97/mo. Purchase price stands at $215,000, and rental yield measures 9.08% with $1,626/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 112.89% and total cumulative return in cash records $80,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77455, Louise, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 588 (73.1%) |
| Renter Occupied HU | 129 (16.0%) |
| Vacant Housing Units | 87 (10.8%) |
| Median Home Value | $235,870 |
| Average Home Value | $362,262 |
Residential
418
Single Family
418
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Perez • The Real Estate Service
Mls Name: HAR
Mls Provider:
Mls ID: #25990577
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