3300 Michelle AveVidorTX77662
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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 Vidor at 3300 Michelle Ave, Vidor, TX, 77662 generates $2,419/mo in rent and, after a $1,297/mo payment, leaves $535/mo in cash flow. Total monthly income is $2,419/mo, and annual cash flow is $6,418/yr on $87,814 invested. Return on cash invested sits at 27.22% in year one, and rental yield is 10.96% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 143.25% and total cumulative return in cash sums $125,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,419/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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Listed by: Leyla Barchett • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #45868376
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