40 Cook Camp RdMatagordaTX77457
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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 Matagorda at 40 Cook Camp Rd, Matagorda, TX, 77457 priced at $293,000 pairs $1,667/mo rent with after a $1,434/mo payment. Total monthly income equals $1,667/mo. Return on cash invested is 14.76% in year one, and rental yield stands at 6.83% on a $293,000 basis. Equity gained on principal adds $1,891/yr, and 5% annual appreciation accumulates to $80,951 by year five. Five-year ROI measures 76.47% and total cumulative return in cash reaches $74,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,667/mo property income against a $1,434/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77457, Matagorda, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 232 (26.7%) |
| Renter Occupied HU | 36 ( 4.1%) |
| Vacant Housing Units | 600 (69.1%) |
| Median Home Value | $352,632 |
| Average Home Value | $390,334 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
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Listed by: Jonathan Davis • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #96417078
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