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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somerville at 462 Combine, Somerville, TX, 77879 with 5% annual appreciation on a $285,000 basis while $2,468/mo rent supports operations. Total monthly income totals $2,468/mo and a $1,395/mo payment preserves $376/mo for cash returns. Annual cash flow comes to $4,515/yr on $94,478 deployed, and return on cash invested reaches 24.69% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 10.39%. Five-year ROI measures 130.01% and total cumulative return in cash totals $122,826.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,468/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,588 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| 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 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Price change | $285,000 |
| 2024-07-08 | Listed for sale | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kade Kurtz • Legacy Broker Group
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24011456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
