631 Clear Lake RdClear Lake ShoresTX77565
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
Investment property for sale in Clear Lake Shores at 631 Clear Lake Rd, Clear Lake Shores, TX, 77565 with 5% annual appreciation on a $350,000 basis while $2,482/mo rent supports operations. 84% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 8.51%. Five-year ROI measures 103.71% and total cumulative return in cash totals $120,326. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,482/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77565, Kemah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,959 (100%) |
| Owner Occupied HU | 2,585 (52.1%) |
| Renter Occupied HU | 1,769 (35.7%) |
| Vacant Housing Units | 605 (12.2%) |
| Median Home Value | $445,345 |
| Average Home Value | $564,393 |
Housing Distribution
Address Breakdown
Residential
3,887
Single Family
2,616
Multi-Family
1,271
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daisy Guzman • Keller Williams Memorial
Mls Name: HAR
Mls ID: #92320213