302 Bayou View DrEl LagoTX77586
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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 El Lago at 302 Bayou View Dr, El Lago, TX, 77586 at $295,000 posts ROI 29.75% with $802/mo cash flow from $2,900/mo rent. Total monthly income equals $2,900/mo, and annual cash flow records $9,625/yr on $97,793 to close. Return on cash invested measures 29.75% and rental yield reads 11.8% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 156.87% and total cumulative return in cash totals $153,410.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77586, Seabrook, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,624 (100%) |
| Owner Occupied HU | 6,373 (60.0%) |
| Renter Occupied HU | 3,344 (31.5%) |
| Vacant Housing Units | 907 ( 8.5%) |
| Median Home Value | $355,903 |
| Average Home Value | $406,033 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
7,120
Multi-Family
3,589
Businesses
606
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