404 3rd StLeague CityTX77573
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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 League City at 404 3rd St, League City, TX, 77573 generates $1,837/mo in rent, after a $6,358/mo payment. Total monthly income is $1,837/mo. Return on cash invested sits at -0.73% in year one, and rental yield is 1.7% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,837/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77573, League City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,215 (100%) |
| Owner Occupied HU | 26,640 (69.7%) |
| Renter Occupied HU | 9,939 (26.0%) |
| Vacant Housing Units | 1,636 ( 4.3%) |
| Median Home Value | $363,883 |
| Average Home Value | $407,754 |
Housing Distribution
Address Breakdown
Residential
35,692
Single Family
28,202
Multi-Family
7,490
Businesses
1,556
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Listed by: Erica Balaban • Keller Williams Realty Clear Lake / NASA
Mls Name: HAR
Mls ID: #92931087