3021 3rd Ave NTexas CityTX77590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Texas City at 3021 3rd Ave N, Texas City, TX, 77590 generates $1,790/mo in rent and, after a $1,076/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,790/mo, and annual cash flow is $2,719/yr on $72,897 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.77% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash sums $90,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,790/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
9,300 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Greer • Elite Texas Properties
Mls Name: HAR
Mls ID: #12115387