3402 Ballena WayDickinsonTX77539
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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 Dickinson at 3402 Ballena Way, Dickinson, TX, 77539 priced at $472,365 converts $2,400/mo rent into after a $2,312/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 12.27% in year one, and rental yield reads 6.1% against a $472,365 entry. Equity gained on principal adds $3,048/yr, while 5% annual appreciation compiles into $130,506 by year five. Five-year ROI reaches 63.21% and total cumulative return in cash sums $98,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $2,312/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.45 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,032 (100%) |
| Owner Occupied HU | 14,241 (67.7%) |
| Renter Occupied HU | 4,862 (23.1%) |
| Vacant Housing Units | 1,929 ( 9.2%) |
| Median Home Value | $283,214 |
| Average Home Value | $329,256 |
Housing Distribution
Address Breakdown
Residential
18,365
Single Family
16,040
Multi-Family
2,325
Businesses
1,136
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Listed by: Christopher Schirmer • Christopher Schirmer, REALTOR
Mls Name: HAR
Mls Provider:
Mls ID: #21848466
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