561 3rd StSomervilleTX77879
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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
Investment property for sale in Somerville at 561 3rd St, Somerville, TX, 77879 offers a 9.55% rental yield on a $135,000 purchase with $1,074/mo rent. Total monthly income registers $1,074/mo, and a $661/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,365/yr on $44,753 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 120.42% and total cumulative return in cash at $53,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
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