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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% |
Rental property for sale in El Campo at 509 Lundy Ave, El Campo, TX, 77437 priced at $115,000 pairs $1,043/mo rent with $225/mo cash flow after a $563/mo payment. Total monthly income equals $1,043/mo, and annual cash flow comes to $2,701/yr on $38,123 invested. Return on cash invested is 26.99% in year one, and rental yield stands at 10.88% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 142.18% and total cumulative return in cash reaches $54,201. For financing, Ziffy Mortgage’s DSCR program evaluates $1,043/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77437, El Campo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,176 (100%) |
| Owner Occupied HU | 4,472 (62.3%) |
| Renter Occupied HU | 2,110 (29.4%) |
| Vacant Housing Units | 594 ( 8.3%) |
| Median Home Value | $228,608 |
| Average Home Value | $281,267 |
Residential
6,619
Single Family
6,174
Multi-Family
445
Businesses
925
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Listed for sale | $115,000 |
| 2024-01-08 | Listing removed | N/A |
| 2023-11-26 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $1559.86 | 12.50% | $67,500 | 16.74% |
| 2022-12-27 | $1386.54 | -1.86% | $57,819 | 1.56% |
| 2021-12-27 | $1412.78 | -5.58% | $56,932 | -0.03% |
Listed by: Jazmin Ceballos • Nyala Realty
Mls Name: HAR
Mls Provider:
Mls ID: #54538226
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
