53 Joshua CtLake JacksonTX77566
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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 Lake Jackson at 53 Joshua Ct, Lake Jackson, TX, 77566 generates $2,671/mo in rent and, after a $1,407/mo payment, leaves $627/mo in cash flow. Total monthly income is $2,671/mo, and annual cash flow is $7,521/yr on $95,306 invested. Return on cash invested sits at 27.8% in year one, and rental yield is 11.15% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 146.36% and total cumulative return in cash sums $139,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,671/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
9,439 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77566, Lake Jackson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,766 (100%) |
| Owner Occupied HU | 8,215 (59.7%) |
| Renter Occupied HU | 4,069 (29.6%) |
| Vacant Housing Units | 1,482 (10.8%) |
| Median Home Value | $285,479 |
| Average Home Value | $315,858 |
Housing Distribution
Address Breakdown
Residential
13,046
Single Family
9,719
Multi-Family
3,327
Businesses
1,090
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Listed by: Monica Darr • American Realty
Mls Name: HAR
Mls ID: #59255542