409 Dogwood LnSomervilleTX77879
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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
Rental property for sale in Somerville at 409 Dogwood Ln, Somerville, TX, 77879 offers $1,715/mo rent that, after a $563/mo payment, leaves $897/mo cash flow. Total monthly income is $1,715/mo, and annual cash flow is $10,765/yr on $38,123 cash. Return on cash invested measures 48.15% in year one, and rental yield stands at 17.9% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 255.59% and total cumulative return in cash reaches $97,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,715/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
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Listed by: Cynthia Stasny • The Stasny Real Estate Company
Mls Name: HAR
Mls ID: #4153104