418 Oleander StLake JacksonTX77566
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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 Lake Jackson at 418 Oleander St, Lake Jackson, TX, 77566 priced at $220,000 converts $1,981/mo rent into $416/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,981/mo, and annual cash flow totals $4,996/yr on $72,930 invested. Return on cash invested prints 26.76% in year one, and rental yield reads 10.81% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 140.81% and total cumulative return in cash sums $102,695. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,981/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1981
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77566, Lake Jackson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,766 (100%) |
| Owner Occupied HU | 8,215 (59.7%) |
| Renter Occupied HU | 4,069 (29.6%) |
| Vacant Housing Units | 1,482 (10.8%) |
| Median Home Value | $285,479 |
| Average Home Value | $315,858 |
Housing Distribution
Address Breakdown
Residential
13,046
Single Family
9,719
Multi-Family
3,327
Businesses
1,090
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Listed by: Tammie Bell • TBT Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #44469826
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