408 Edgar AveLa MarqueTX77568
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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 La Marque at 408 Edgar Ave, La Marque, TX, 77568 earns $502/mo cash flow from $1,711/mo rent with a $832/mo payment. Total monthly income totals $1,711/mo, and annual cash flow totals $6,029/yr on $56,322 capital. ROI tracks 30.61% on current figures, and rental yield reads 12.08% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 161.5% and total cumulative return in cash sums $90,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 1955
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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Listed by: Eun Ahn • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #94155270
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