308 Igloo LnHoliday LakesTX77515
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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 Holiday Lakes at 308 Igloo Ln, Holiday Lakes, TX, 77515 priced at $150,000 pairs $1,173/mo rent with $107/mo cash flow after a $734/mo payment. Total monthly income equals $1,173/mo, and annual cash flow comes to $1,278/yr on $49,725 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 9.38% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 117.9% and total cumulative return in cash reaches $58,626. For financing, Ziffy Mortgage’s DSCR program evaluates $1,173/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77515, Angleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,883 (100%) |
| Owner Occupied HU | 9,301 (67.0%) |
| Renter Occupied HU | 3,197 (23.0%) |
| Vacant Housing Units | 1,385 ( 10.0%) |
| Median Home Value | $258,127 |
| Average Home Value | $284,750 |
Housing Distribution
Address Breakdown
Residential
12,820
Single Family
10,646
Multi-Family
2,174
Businesses
902
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Listed by: Dora Gonzalez • SanDoray Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #58637795
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