6707 Nichols LndgNeedvilleTX77461
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 Needville at 6707 Nichols Lndg, Needville, TX, 77461 uses $185,556 cash to close to unlock $4,746/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $4,439/mo, and a $2,761/mo payment keeps the spread at $395/mo. Purchase price stands at $564,000, and rental yield measures 9.44% with $4,439/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $155,823 over five years. Five-year ROI reaches 118.64% and total cumulative return in cash records $220,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,439/mo property income covering a $2,761/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.53 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77461, Needville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,665 (100%) |
| Owner Occupied HU | 3,683 (78.9%) |
| Renter Occupied HU | 725 (15.5%) |
| Vacant Housing Units | 257 ( 5.5%) |
| Median Home Value | $382,481 |
| Average Home Value | $436,394 |
Housing Distribution
Address Breakdown
Residential
4,205
Single Family
4,136
Multi-Family
69
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teri Walter • K. Hovnanian Homes
Mls Name: HAR
Mls Provider:
Mls ID: #60324029
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.