320 Spencer Lndg ELa PorteTX77571
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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 La Porte at 320 Spencer Lndg E, La Porte, TX, 77571 listed at $315,000 pairs $2,622/mo rent with a $1,542/mo payment to leave $357/mo cash flow. Total monthly income runs $2,622/mo, and annual cash flow reaches $4,281/yr on $104,423 cash to close. Return on cash invested measures 24.01% in year one, and rental yield registers 9.99% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 126.15% and total cumulative return in cash totals $131,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,622/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
6,599 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77571, La Porte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,032 (100%) |
| Owner Occupied HU | 10,813 (67.4%) |
| Renter Occupied HU | 4,126 (25.7%) |
| Vacant Housing Units | 1,093 ( 6.8%) |
| Median Home Value | $266,608 |
| Average Home Value | $313,695 |
Housing Distribution
Address Breakdown
Residential
15,236
Single Family
12,840
Multi-Family
2,396
Businesses
1,081
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Listed by: Jimmy Simien • Simien Properties
Mls Name: HAR
Mls Provider:
Mls ID: #88841690
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