508 8th StSan LeonTX77539
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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 San Leon at 508 8th St, San Leon, TX, 77539 uses $39,780 cash to close to unlock $1,260/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $958/mo, and a $587/mo payment keeps the spread at $105/mo. Purchase price stands at $120,000, and rental yield measures 9.58% with $958/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash records $48,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $958/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2008
3,454 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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