512 Texas StFreeportTX77541
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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 Freeport at 512 Texas St, Freeport, TX, 77541 priced at $199,990 converts $1,237/mo rent into after a $979/mo obligation. Total monthly income equals $1,237/mo. Return on cash invested prints 16.55% in year one, and rental yield reads 7.42% against a $199,990 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,254 by year five. Five-year ROI reaches 86.06% and total cumulative return in cash sums $57,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,237/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1965
3,219 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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