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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 Calvert at 502 E Texas St, Calvert, TX, 77837 at $500,000 posts ROI 30.35% with $1,442/mo cash flow from $4,997/mo rent. Total monthly income equals $4,997/mo, and annual cash flow records $17,300/yr on $165,750 to close. Return on cash invested measures 30.35% and rental yield reads 11.99% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 160.02% and total cumulative return in cash totals $265,232.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,997/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1875
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77837, Calvert, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 452 (50.8%) |
| Renter Occupied HU | 186 (20.9%) |
| Vacant Housing Units | 252 (28.3%) |
| Median Home Value | $206,863 |
| Average Home Value | $234,004 |
Residential
413
Single Family
397
Multi-Family
16
Businesses
76
Date | Event | Price |
|---|---|---|
| 2024-07-01 | Listed for sale | $500,000 |
| 2024-04-30 | Contingent | $500,000 |
| 2024-04-03 | Price change | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3310.90 | 0.60% | $315,715 | 10.00% |
| 2022-08-13 | $3291.27 | 2.48% | $287,014 | 10.00% |
| 2021-08-13 | $3211.74 | 0.75% | $260,922 | 1.98% |
Listed by: Brenda Farmer Van De Walle • Polansky Realty
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24003009
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.
