5028 Scenic DrDickinsonTX77539
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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 Dickinson at 5028 Scenic Dr, Dickinson, TX, 77539 priced at $240,000 converts $1,394/mo rent into after a $1,175/mo obligation. Total monthly income equals $1,394/mo. Return on cash invested prints 15.19% in year one, and rental yield reads 6.97% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 78.74% and total cumulative return in cash sums $62,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,394/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,032 (100%) |
| Owner Occupied HU | 14,241 (67.7%) |
| Renter Occupied HU | 4,862 (23.1%) |
| Vacant Housing Units | 1,929 ( 9.2%) |
| Median Home Value | $283,214 |
| Average Home Value | $329,256 |
Housing Distribution
Address Breakdown
Residential
18,365
Single Family
16,040
Multi-Family
2,325
Businesses
1,136
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