495 Elm 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 495 Elm St, Sour Lake, TX, 77659 listed at $220,000 pairs $1,746/mo rent with a $1,077/mo payment to leave $181/mo cash flow. Total monthly income runs $1,746/mo, and annual cash flow reaches $2,176/yr on $72,930 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 9.52% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 120.1% and total cumulative return in cash totals $87,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,746/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.29 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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Listed by: Katy Mays • JLA Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #254416
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.