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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 Louise at 403 Main St, Louise, TX, 77455 offers a 9.5% rental yield on a $145,000 purchase with $1,148/mo rent. Total monthly income registers $1,148/mo, and a $710/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,399/yr on $48,068 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 119.7% and total cumulative return in cash at $57,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,148/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77455, Louise, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 588 (73.1%) |
| Renter Occupied HU | 129 (16.0%) |
| Vacant Housing Units | 87 (10.8%) |
| Median Home Value | $235,870 |
| Average Home Value | $362,262 |
Residential
418
Single Family
418
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $145,000 |
| 2018-05-09 | Sold | N/A |
| 2011-08-04 | Listing removed | $72,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $884.33 | -0.46% | $50,850 | N/A |
| 2023-02-13 | $888.45 | -10.88% | $50,850 | -0.01% |
| 2022-02-13 | $996.89 | -2.36% | $50,856 | N/A |
Listed by: Kacy Bain • RE/MAX Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #18925335
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