617 Prairie 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 617 Prairie Ln, Angleton, TX, 77515 priced at $234,000 converts $2,110/mo rent into $446/mo cash flow after a $1,145/mo obligation. Total monthly income equals $2,110/mo, and annual cash flow totals $5,356/yr on $77,571 invested. Return on cash invested prints 26.81% in year one, and rental yield reads 10.82% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 141.1% and total cumulative return in cash sums $109,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,110/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Single Family
Built in 1986
5,248 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices