605 Meadowick 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
Investment property for sale in Baytown at 605 Meadowick Dr, Baytown, TX, 77521 with 5% annual appreciation on a $254,500 basis while $2,521/mo rent supports operations. Total monthly income totals $2,521/mo and a $1,246/mo payment preserves $711/mo for cash returns. Annual cash flow comes to $8,530/yr on $84,367 deployed, and return on cash invested reaches 30.02% in year one. Equity gained on principal adds $1,642/yr, and five-year appreciation sums $70,314 alongside rental yield of 11.89%. Five-year ROI measures 158.27% and total cumulative return in cash totals $133,531.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,521/mo property income versus a $1,246/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
7,805 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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