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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 Center Pt at 363 Elm Pass II Road, Center Pt, TX, 78010 with 5% annual appreciation on a $359,000 basis while $1,200/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 4.01%. Five-year ROI measures 30.92% and total cumulative return in cash totals $36,799. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,200/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1987
5.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Frederick Price • Legacy Broker Group
Mls Name: LERA MLS
Mls ID: #1899204
