708 S Carroll 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
Rental property for sale in La Porte at 708 S Carroll St, La Porte, TX, 77571 priced at $319,000 pairs $2,222/mo rent with after a $1,561/mo payment. Total monthly income equals $2,222/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 8.36% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 101.25% and total cumulative return in cash reaches $107,065. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.29 Acres 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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