315 Lake StBridge CityTX77611
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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 Bridge City at 315 Lake St, Bridge City, TX, 77611 offers a 11.13% rental yield on a $219,900 purchase with $2,039/mo rent. Total monthly income registers $2,039/mo, and a $1,076/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,707/yr on $72,897 to close, and return on cash invested stands at 27.74% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 146.05% and total cumulative return in cash at $106,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,039/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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Listed by: Emily Ross • RE/MAX ONE - Orange County
Mls Name: BBOR
Mls Provider:
Mls ID: #253146
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.