53 Lake View DrHuntsvilleTX77320
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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 Huntsville at 53 Lake View Dr, Huntsville, TX, 77320 priced at $149,900 converts $1,132/mo rent into $66/mo cash flow after a $734/mo obligation. Total monthly income equals $1,132/mo, and annual cash flow totals $789/yr on $49,692 invested. Return on cash invested prints 21.5% in year one, and rental yield reads 9.06% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 112.6% and total cumulative return in cash sums $55,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,132/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
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Listed by: Donna Dixon • Legacy Real Estate Group
Mls Name: LAR
Mls ID: #5107724