455 W Hooks StSour 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
Investment property for sale in Sour Lake at 455 W Hooks St, Sour Lake, TX, 77659 uses $77,903 cash to close to unlock $6,433/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,150/mo payment keeps the spread at $536/mo. Purchase price stands at $235,000, and rental yield measures 11.27% with $2,207/mo rent. Return on cash invested shows 28.17% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 148.39% and total cumulative return in cash records $115,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,791 sqft 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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Listed by: John Arcana • RE/MAX ONE
Mls Name: BBOR
Mls Provider:
Mls ID: #253142
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.