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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eagle Lake at 323 Summit Rd, Eagle Lake, TX, 77434 at $229,000 posts ROI 28.12% with $519/mo cash flow from $2,148/mo rent. Total monthly income equals $2,148/mo, and annual cash flow records $6,233/yr on $75,914 to close. Return on cash invested measures 28.12% and rental yield reads 11.26% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 148.12% and total cumulative return in cash totals $112,445.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2023-05-24 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1808.45 | -34.29% | $112,011 | -33.97% |
| 2023-02-13 | $2752.24 | 2.41% | $169,631 | 15.30% |
| 2022-02-13 | $2687.56 | -4.50% | $147,116 | N/A |
Listed by: Abraham Velasquez • Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #54805862
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