404 Prairie StHighlandsTX77562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Highlands at 404 Prairie St, Highlands, TX, 77562 at $250,000 posts ROI 9.35% with from $1,049/mo rent. Total monthly income equals $1,049/mo. Return on cash invested measures 9.35% and rental yield reads 5.04% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 47.45% and total cumulative return in cash totals $39,322. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,049/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1950
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77562, Highlands, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,559 (100%) |
| Owner Occupied HU | 3,712 (66.8%) |
| Renter Occupied HU | 1,465 (26.4%) |
| Vacant Housing Units | 382 ( 6.9%) |
| Median Home Value | $283,692 |
| Average Home Value | $324,989 |
Housing Distribution
Address Breakdown
Residential
3,960
Single Family
3,836
Multi-Family
124
Businesses
268
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Nearby investment properties with comparable prices
Listed by: Clayton Estrems • RE/MAX Associates Northeast
Mls Name: HAR
Mls Provider:
Mls ID: #98105544
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