636 Greystone LnAngletonTX77515
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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
Rental property for sale in Angleton at 636 Greystone Ln, Angleton, TX, 77515 priced at $350,900 converts $3,108/mo rent into $601/mo cash flow after a $1,717/mo obligation. Total monthly income equals $3,108/mo, and annual cash flow totals $7,208/yr on $116,323 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 10.63% against a $350,900 entry. Equity gained on principal adds $2,264/yr, while 5% annual appreciation compiles into $96,947 by year five. Five-year ROI reaches 137.33% and total cumulative return in cash sums $159,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,108/mo property income covering a $1,717/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,398 sqft lot
$N/A/sqft
$150 annually 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
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Listed by: Catina Thomas • Adams Homes Realty INC
Mls Name: HAR
Mls Provider:
Mls ID: #54697871
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