53 Shady Oak CtAlvinTX77511
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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 Alvin at 53 Shady Oak Ct, Alvin, TX, 77511 priced at $349,000 pairs $2,748/mo rent with $266/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,748/mo, and annual cash flow comes to $3,197/yr on $115,694 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 9.45% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 118.89% and total cumulative return in cash reaches $137,544. For financing, Ziffy Mortgage’s DSCR program evaluates $2,748/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77511, Alvin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,861 (100%) |
| Owner Occupied HU | 14,550 (66.6%) |
| Renter Occupied HU | 5,626 (25.7%) |
| Vacant Housing Units | 1,685 ( 7.7%) |
| Median Home Value | $269,812 |
| Average Home Value | $298,856 |
Housing Distribution
Address Breakdown
Residential
20,032
Single Family
17,392
Multi-Family
2,640
Businesses
1,090
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Listed by: Chad Wright • Boren Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #90920497
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