601 Midway DrBaytownTX77521
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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 Baytown at 601 Midway Dr, Baytown, TX, 77521 offers $2,089/mo rent that, after a $1,003/mo payment, leaves $632/mo cash flow. Total monthly income is $2,089/mo, and annual cash flow is $7,582/yr on $67,924 cash. Return on cash invested measures 31.07% in year one, and rental yield stands at 12.23% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 163.91% and total cumulative return in cash reaches $111,334. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,089/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77521, Baytown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,544 (100%) |
| Owner Occupied HU | 15,134 (57.0%) |
| Renter Occupied HU | 9,425 (35.5%) |
| Vacant Housing Units | 1,985 ( 7.5%) |
| Median Home Value | $271,862 |
| Average Home Value | $299,507 |
Housing Distribution
Address Breakdown
Residential
26,271
Single Family
18,075
Multi-Family
8,196
Businesses
1,214
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