Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Somerville at 471 8th St, Somerville, TX, 77879 priced at $279,900 converts $2,186/mo rent into $164/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,186/mo, and annual cash flow totals $1,972/yr on $92,787 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 9.37% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 115.63% and total cumulative return in cash sums $107,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,186/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.38 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-27 | Price change | $279,900 |
| 2024-07-04 | Listed for sale | $289,900 |
| 2018-03-29 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $5021.36 | 1.66% | $243,795 | 13.47% |
| 2022-12-27 | $4939.57 | 17.14% | $214,855 | 25.53% |
| 2021-12-27 | $4216.63 | N/A | $171,156 | -0.88% |
Listed by: Zachary Barta • Keller Williams Realty Brazos Valley office
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24011384
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.
