650 Cherry Tree DrLa MarqueTX77568
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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
Investment property for sale in La Marque at 650 Cherry Tree Dr, La Marque, TX, 77568 offers a 9.65% rental yield on a $311,990 purchase with $2,508/mo rent. Total monthly income registers $2,508/mo, and a $1,527/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,703/yr on $103,425 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $2,013/yr while 5% annual appreciation supports $86,197 over five years. Portfolio math shows five-year ROI at 118.38% and total cumulative return in cash at $122,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,508/mo property income against a $1,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$770 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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Listed by: Joe Rothchild • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #20215605
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