406 Clear Lake RdClear Lake ShoresTX77565
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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
Investment property for sale in Clear Lake Shores at 406 Clear Lake Rd, Clear Lake Shores, TX, 77565 earns $536/mo cash flow from $5,158/mo rent with a $3,181/mo payment. Total monthly income totals $5,158/mo, and annual cash flow totals $6,434/yr on $213,850 capital. ROI tracks 23.07% on current figures, and rental yield reads 9.52% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash sums $258,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,158/mo property income instead of your personal income.
Single Family
Built in 2018
4,085 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77565, Kemah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,959 (100%) |
| Owner Occupied HU | 2,585 (52.1%) |
| Renter Occupied HU | 1,769 (35.7%) |
| Vacant Housing Units | 605 (12.2%) |
| Median Home Value | $445,345 |
| Average Home Value | $564,393 |
Housing Distribution
Address Breakdown
Residential
3,887
Single Family
2,616
Multi-Family
1,271
Businesses
744
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Listed by: Alex Lyon • Foundations Realty
Mls Name: HAR
Mls ID: #93886554