3024 Lamar CirEl CampoTX77437
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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 Campo at 3024 Lamar Cir, El Campo, TX, 77437 uses $81,218 cash to close to unlock $4,679/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $1,199/mo payment keeps the spread at $390/mo. Purchase price stands at $245,000, and rental yield measures 10.44% with $2,132/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 134.96% and total cumulative return in cash records $109,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,472 (62.3%) |
| Renter Occupied HU | 2,110 (29.4%) |
| Vacant Housing Units | 594 ( 8.3%) |
| Median Home Value | $228,608 |
| Average Home Value | $281,267 |
Housing Distribution
Address Breakdown
Residential
6,619
Single Family
6,174
Multi-Family
445
Businesses
925
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