500 Red Oak AveCrosbyTX77532
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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 Crosby at 500 Red Oak Ave, Crosby, TX, 77532 with 5% annual appreciation on a $199,000 basis while $1,587/mo rent supports operations. Total monthly income totals $1,587/mo and a $974/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,063/yr on $65,969 deployed, and return on cash invested reaches 23.04% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.57%. Five-year ROI measures 120.83% and total cumulative return in cash totals $79,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,587/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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Listed by: Jason Cowan • Keller Williams Elite
Mls Name: HAR
Mls Provider:
Mls ID: #72855925
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