3604 Park DrNederlandTX77627
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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 Nederland at 3604 Park Dr, Nederland, TX, 77627 uses $84,499 cash to close to unlock $5,004/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,248/mo payment keeps the spread at $417/mo. Purchase price stands at $254,900, and rental yield measures 10.5% with $2,230/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 135.79% and total cumulative return in cash records $114,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77627, Nederland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,025 (100%) |
| Owner Occupied HU | 6,434 (64.2%) |
| Renter Occupied HU | 2,603 (26.0%) |
| Vacant Housing Units | 988 ( 9.9%) |
| Median Home Value | $227,238 |
| Average Home Value | $249,100 |
Housing Distribution
Address Breakdown
Residential
10,125
Single Family
9,232
Multi-Family
893
Businesses
1,097
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