702 S Holmes StLa PorteTX77571
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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 Porte at 702 S Holmes St, La Porte, TX, 77571 listed at $148,000 pairs $1,184/mo rent with a $724/mo payment to leave $132/mo cash flow. Total monthly income runs $1,184/mo, and annual cash flow reaches $1,583/yr on $49,062 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 9.6% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 121.34% and total cumulative return in cash totals $59,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,184/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77571, La Porte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,032 (100%) |
| Owner Occupied HU | 10,813 (67.4%) |
| Renter Occupied HU | 4,126 (25.7%) |
| Vacant Housing Units | 1,093 ( 6.8%) |
| Median Home Value | $266,608 |
| Average Home Value | $313,695 |
Housing Distribution
Address Breakdown
Residential
15,236
Single Family
12,840
Multi-Family
2,396
Businesses
1,081
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