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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% |
Rental property for sale in Eagle Lake at 624 Willow Ln, Eagle Lake, TX, 77434 priced at $337,000 converts $1,956/mo rent into after a $1,649/mo obligation. Total monthly income equals $1,956/mo. Return on cash invested prints 15.18% in year one, and rental yield reads 6.96% against a $337,000 entry. Equity gained on principal adds $2,175/yr, while 5% annual appreciation compiles into $93,107 by year five. Five-year ROI reaches 78.69% and total cumulative return in cash sums $87,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,956/mo property income covering a $1,649/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $337,000 |
| 2024-11-12 | Listing removed | $120,000 |
| 2024-10-28 | Listed for sale | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $3230.68 | 11.47% | $145,760 | 15.10% |
| 2023-04-14 | $2898.20 | 19.24% | $126,640 | 30.09% |
| 2022-04-14 | $2430.58 | -1.48% | $97,350 | N/A |
Listed by: Laney Dye • Dorsett Dye & Associates Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #7260468
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