510 Oyster StSurfside BeachTX77541
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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 Surfside Beach at 510 Oyster St, Surfside Beach, TX, 77541 priced at $375,000 converts $3,606/mo rent into $940/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,606/mo, and annual cash flow totals $11,277/yr on $124,313 invested. Return on cash invested prints 28.98% in year one, and rental yield reads 11.54% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 152.69% and total cumulative return in cash sums $189,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,606/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1970
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77541, Freeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 4,175 (47.2%) |
| Renter Occupied HU | 2,030 (23.0%) |
| Vacant Housing Units | 2,633 (29.8%) |
| Median Home Value | $191,538 |
| Average Home Value | $246,877 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,159
Multi-Family
911
Businesses
485
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Listed by: Theresa Martin • Weichert, Realtors - The Murray Group
Mls Name: HAR
Mls ID: #81599057