307 Countryside DrLeague CityTX77573
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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
Rental property for sale in League City at 307 Countryside Dr, League City, TX, 77573 priced at $199,900 converts $1,503/mo rent into $82/mo cash flow after a $978/mo obligation. Total monthly income equals $1,503/mo, and annual cash flow totals $983/yr on $66,267 invested. Return on cash invested prints 21.39% in year one, and rental yield reads 9.02% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 112% and total cumulative return in cash sums $74,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,503/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1979
8,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77573, League City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,215 (100%) |
| Owner Occupied HU | 26,640 (69.7%) |
| Renter Occupied HU | 9,939 (26.0%) |
| Vacant Housing Units | 1,636 ( 4.3%) |
| Median Home Value | $363,883 |
| Average Home Value | $407,754 |
Housing Distribution
Address Breakdown
Residential
35,692
Single Family
28,202
Multi-Family
7,490
Businesses
1,556
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Listed by: Joel Rankin • J.D. Rankin and Associates
Mls Name: HAR
Mls ID: #31799840