447 Pinemont DrSour LakeTX77659
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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 Sour Lake at 447 Pinemont Dr, Sour Lake, TX, 77659 offers $2,565/mo rent that, after a $1,926/mo payment. Total monthly income is $2,565/mo. Return on cash invested measures 17.76% in year one, and rental yield stands at 7.82% at a $393,600 entry. Equity gained on principal adds $2,540/yr while 5% annual appreciation compounds into $108,744 by year five. Five-year ROI records 92.55% and total cumulative return in cash reaches $120,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,565/mo property income versus a $1,926/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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