605 Pelican Harbour DrTexas CityTX77590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Texas City at 605 Pelican Harbour Dr, Texas City, TX, 77590 at $360,000 posts ROI 24.47% with $454/mo cash flow from $3,041/mo rent. Total monthly income equals $3,041/mo, and annual cash flow records $5,442/yr on $119,340 to close. Return on cash invested measures 24.47% and rental yield reads 10.14% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 128.63% and total cumulative return in cash totals $153,501.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,041/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Nearby investment properties with comparable prices
Listed by: Karee Campo • RE/MAX Crossroads Realty
Mls Name: HAR
Mls Provider:
Mls ID: #4571079
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