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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 Eagle Lake at 401 Burns Ave, Eagle Lake, TX, 77434 with 5% annual appreciation on a $190,000 basis while $1,898/mo rent supports operations. Total monthly income totals $1,898/mo and a $930/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,562/yr on $62,985 deployed, and return on cash invested reaches 30.33% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 11.99%. Five-year ROI measures 159.91% and total cumulative return in cash totals $100,716.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,898/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $120,000 | 20.00% |
| 2023-12-27 | $2288.53 | 16.66% | $100,000 | 27.28% |
| 2022-12-27 | $1961.68 | -0.33% | $78,570 | 1.17% |
Listed by: Adrian Johnson • ThisIsLivin Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #59679382
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