607 Red Oak Canyon LnLa MarqueTX77568
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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 La Marque at 607 Red Oak Canyon Ln, La Marque, TX, 77568 generates $2,820/mo in rent and, after a $1,385/mo payment, leaves $808/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $9,692/yr on $93,815 invested. Return on cash invested sits at 30.24% in year one, and rental yield is 11.96% on a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 159.47% and total cumulative return in cash sums $149,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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