608 W Lobit StBaytownTX77520
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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 Baytown at 608 W Lobit St, Baytown, TX, 77520 at $187,500 posts ROI 23.02% with $161/mo cash flow from $1,495/mo rent. Total monthly income equals $1,495/mo, and annual cash flow records $1,936/yr on $62,156 to close. Return on cash invested measures 23.02% and rental yield reads 9.57% at the current $187,500. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 by year five. Five-year ROI prints 120.81% and total cumulative return in cash totals $75,091.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
8,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77520, Baytown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,239 (100%) |
| Owner Occupied HU | 7,282 (51.1%) |
| Renter Occupied HU | 5,550 (39.0%) |
| Vacant Housing Units | 1,407 ( 9.9%) |
| Median Home Value | $185,714 |
| Average Home Value | $251,401 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
10,546
Multi-Family
3,526
Businesses
1,034
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