407 Rorem AvePalaciosTX77465
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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 Palacios at 407 Rorem Ave, Palacios, TX, 77465 offers $1,552/mo rent that, after a $972/mo payment, leaves $140/mo cash flow. Total monthly income is $1,552/mo, and annual cash flow is $1,680/yr on $65,803 cash. Return on cash invested measures 22.46% in year one, and rental yield stands at 9.38% at a $198,500 entry. Equity gained on principal adds $1,281/yr while 5% annual appreciation compounds into $54,842 by year five. Five-year ROI records 117.74% and total cumulative return in cash reaches $77,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,552/mo property income versus a $972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Housing Distribution
Address Breakdown
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
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Listed by: Greg Spears • Greg Spears Realty
Mls Name: HAR
Mls Provider:
Mls ID: #45939513
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