322 24th Ave NTexas CityTX77590
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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 Texas City at 322 24th Ave N, Texas City, TX, 77590 earns $84/mo cash flow from $1,187/mo rent with a $759/mo payment. Total monthly income totals $1,187/mo, and annual cash flow totals $1,013/yr on $51,383 capital. ROI tracks 21.88% on current figures, and rental yield reads 9.19% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash sums $58,936. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,187/mo property income instead of your personal income.
Single Family
Built in 1955
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Listed by: Jennifer Peters • Lifestyles Realty Houston Inc.
Mls Name: HAR
Mls ID: #39079880