61 Carolina WayHuntsvilleTX77320
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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 Huntsville at 61 Carolina Way, Huntsville, TX, 77320 listed at $275,000 pairs $1,465/mo rent with a $1,346/mo payment. Total monthly income runs $1,465/mo. Return on cash invested measures 13.45% in year one, and rental yield registers 6.39% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 69.44% and total cumulative return in cash totals $63,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,465/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
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Listed by: Andrew Gordon • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls ID: #64155685