3411 Lanarkshire StBay CityTX77414
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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 Bay City at 3411 Lanarkshire St, Bay City, TX, 77414 uses $84,533 cash to close to unlock $10,689/yr annual cash flow and $891/mo monthly cash flow. Total monthly income runs $2,704/mo, and a $1,248/mo payment keeps the spread at $891/mo. Purchase price stands at $255,000, and rental yield measures 12.72% with $2,704/mo rent. Return on cash invested shows 32.55% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 171.88% and total cumulative return in cash records $145,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,704/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1974
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77414, Bay City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,030 (100%) |
| Owner Occupied HU | 6,164 (47.3%) |
| Renter Occupied HU | 3,432 (26.3%) |
| Vacant Housing Units | 3,434 (26.4%) |
| Median Home Value | $189,855 |
| Average Home Value | $219,981 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
8,140
Multi-Family
1,719
Businesses
776
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Listed by: Darla Ortiz • Colesio Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #27166464
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