60 Bluewater DrPoint BlankTX77364
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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 Point Blank at 60 Bluewater Dr, Point Blank, TX, 77364 uses $39,780 cash to close to unlock $948/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $932/mo, and a $587/mo payment keeps the spread at $79/mo. Purchase price stands at $120,000, and rental yield measures 9.32% with $932/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 116.79% and total cumulative return in cash records $46,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $932/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77364, Pointblank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,957 (100%) |
| Owner Occupied HU | 1,098 (56.1%) |
| Renter Occupied HU | 142 ( 7.3%) |
| Vacant Housing Units | 717 (36.6%) |
| Median Home Value | $263,377 |
| Average Home Value | $284,793 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,045
Multi-Family
274
Businesses
67
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Listed by: Paige Carsten • RE/MAX Lake Livingston
Mls Name: HAR
Mls Provider:
Mls ID: #77779058
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