611 Fort Velasco DrSurfside BeachTX77541
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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 Surfside Beach at 611 Fort Velasco Dr, Surfside Beach, TX, 77541 with 5% annual appreciation on a $269,900 basis while $1,942/mo rent supports operations. Total monthly income totals $1,942/mo and a $1,321/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $273/yr on $89,472 deployed, and return on cash invested reaches 20.21% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 8.63%. Five-year ROI measures 105.68% and total cumulative return in cash totals $94,554.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,942/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
3,219 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77541, Freeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,838 (100%) |
| Owner Occupied HU | 4,175 (47.2%) |
| Renter Occupied HU | 2,030 (23.0%) |
| Vacant Housing Units | 2,633 (29.8%) |
| Median Home Value | $191,538 |
| Average Home Value | $246,877 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,159
Multi-Family
911
Businesses
485
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Listed by: Kristin Harvey • Keller Williams Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #65344492
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