5311 Latigo 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 5311 Latigo Ct, Alvin, TX, 77511 generates $3,085/mo in rent and, after a $1,664/mo payment, leaves $668/mo in cash flow. Total monthly income is $3,085/mo, and annual cash flow is $8,011/yr on $112,677 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 10.89% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 142.19% and total cumulative return in cash sums $160,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,085/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
5,780 sqft 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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