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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eagle Lake at 703 S McCarty Ave, Eagle Lake, TX, 77434 listed at $229,000 pairs $2,146/mo rent with a $1,121/mo payment to leave $517/mo cash flow. Total monthly income runs $2,146/mo, and annual cash flow reaches $6,209/yr on $75,914 cash to close. Return on cash invested measures 28.09% in year one, and rental yield registers 11.25% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 147.95% and total cumulative return in cash totals $112,313. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,146/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $229,000 |
| 2016-09-29 | Listing removed | $65,000 |
| 2016-07-31 | Pending sale | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | N/A | N/A | $176,808 | 20.00% |
| 2023-03-29 | $3371.92 | 84.63% | $147,340 | 101.42% |
| 2022-03-29 | $1826.35 | 0.61% | $73,150 | 2.12% |
Listed by: Penny Henske • Tri-County Realty, LLC - Double G Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #88232449
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