497 Laurel Cv WOnalaskaTX77360
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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 Onalaska at 497 Laurel Cv W, Onalaska, TX, 77360 generates $2,176/mo in rent, after a $3,421/mo payment. Total monthly income is $2,176/mo. Return on cash invested sits at 5.39% in year one, and rental yield is 3.74% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 26.21% and total cumulative return in cash sums $60,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,176/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.34 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77360, Onalaska, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,133 (56.7%) |
| Renter Occupied HU | 517 (13.7%) |
| Vacant Housing Units | 1,115 (29.6%) |
| Median Home Value | $156,563 |
| Average Home Value | $203,833 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,392
Multi-Family
8
Businesses
152
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Listed by: Jerome Drewry • RE/MAX Lake Livingston
Mls Name: HAR
Mls Provider:
Mls ID: #49499332
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