370 County Road 411, Somerville, TX, 77879 | 6.9% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Total monthly income runs $2,876/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 6.9% with $2,876/mo rent. Return on cash invested shows 14.99% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 77.68% and total cumulative return in cash records $128,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,876/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 1992

8.11 Acres lot

$N/A/sqft

No HOA

More details about the property

Do not miss out on this rare find that is located only 10 minutes away from Somerville Lake! This unique property with no HOA has so much to offer! This gorgeous listing features 8.11 acres fully fenced with a gated entrance, 2 ponds, a fenced in 1-2 acre area with a two-story farmhouse that includes a spacious wrap-around concrete porch, a few carports, along with RV hookups, a well house, & an insulated shed with electricity already hooked up that would be perfect for a man-cave or she-shed. This original 1990s-built farmhouse comes fully furnished and is equipped with 3 bedrooms / 2 bathrooms, a spiral staircase, wood burning stove on the first floor, remodeled master bathroom, an additional remodeled bathroom on the first floor that is handicapped accessible, a spacious butlers pantry, and a breathtaking view from the 2nd floor that allows you to view the whole property on the 2nd story balcony. Give Morgan a call today to schedule a showing for this one-of-a-kind listing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)3,528 (100%)
Owner Occupied HU2,029 (57.5%)
Renter Occupied HU428 (12.1%)
Vacant Housing Units1,071 (30.4%)
Median Home Value$146,744
Average Home Value$243,677

Address Breakdown

Residential

2,310

Single Family

2,310

Multi-Family

0

Businesses

135

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1992
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached Carport, Additional Parking, Gated, Driveway, No Garage

Location

  • City: Somerville
  • State: TX
  • Subdivision: N/A
  • Lot Size: 8.11 Acres
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Morgan Requena • eXp Realty, LLC 

Mls Name: HAR

Mls ID: #57118555

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