608 Greystone LnAngletonTX77515
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
Rental property for sale in Angleton at 608 Greystone Ln, Angleton, TX, 77515 offers $2,788/mo rent that, after a $1,644/mo payment, leaves $387/mo cash flow. Total monthly income is $2,788/mo, and annual cash flow is $4,643/yr on $111,351 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 9.96% at a $335,900 entry. Equity gained on principal adds $2,168/yr while 5% annual appreciation compounds into $92,803 by year five. Five-year ROI records 126.46% and total cumulative return in cash reaches $140,811. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,788/mo property income versus a $1,644/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,578 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77515, Angleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,883 (100%) |
| Owner Occupied HU | 9,301 (67.0%) |
| Renter Occupied HU | 3,197 (23.0%) |
| Vacant Housing Units | 1,385 ( 10.0%) |
| Median Home Value | $258,127 |
| Average Home Value | $284,750 |
Housing Distribution
Address Breakdown
Residential
12,820
Single Family
10,646
Multi-Family
2,174
Businesses
902
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Nearby investment properties with comparable prices
Listed by: Logan Olshovsky • Birdsong Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #30930953
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