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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Angleton at 613 Farrer St, Angleton, TX, 77515 with 5% annual appreciation on a $210,000 basis while $2,024/mo rent supports operations. Total monthly income totals $2,024/mo and a $1,028/mo payment preserves $531/mo for cash returns. Annual cash flow comes to $6,366/yr on $69,615 deployed, and return on cash invested reaches 29.05% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 11.57%. Five-year ROI measures 153.13% and total cumulative return in cash totals $106,600.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,024/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77515, Angleton, TX area.
| 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 |
Residential
12,820
Single Family
10,646
Multi-Family
2,174
Businesses
902
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $210,000 |
| 2021-11-24 | Sold | N/A |
| 2021-10-20 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $210,000 | -3.65% |
| 2023-10-22 | $3148.43 | -23.11% | $217,954 | 10.00% |
| 2022-10-22 | $4094.47 | 13.05% | $198,140 | 42.80% |
Listed by: Tammie Bell • TBT Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #27644904
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