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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 Somerville at 302 Dan Dr, Somerville, TX, 77879 listed at $230,000 pairs $2,064/mo rent with a $1,126/mo payment to leave $428/mo cash flow. Total monthly income runs $2,064/mo, and annual cash flow reaches $5,138/yr on $76,245 cash to close. Return on cash invested measures 26.65% in year one, and rental yield registers 10.77% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 140.23% and total cumulative return in cash totals $106,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,064/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-28 | $427.78 | -47.27% | $92,599 | 10.00% |
| 2022-03-28 | $811.29 | -25.71% | $84,181 | 10.00% |
| 2021-03-28 | $1091.99 | N/A | $76,528 | 10.48% |
Listed by: Sarah Underwood • Ranch House Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #96108462
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