710 Milam AveEagle LakeTX77434
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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 Eagle Lake at 710 Milam Ave, Eagle Lake, TX, 77434 with 5% annual appreciation on a $198,400 basis while $1,513/mo rent supports operations. Total monthly income totals $1,513/mo and a $971/mo payment preserves $102/mo for cash returns. Annual cash flow comes to $1,227/yr on $65,770 deployed, and return on cash invested reaches 21.77% in year one. Equity gained on principal adds $1,280/yr, and five-year appreciation sums $54,814 alongside rental yield of 9.15%. Five-year ROI measures 114.1% and total cumulative return in cash totals $75,046.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,513/mo property income versus a $971/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
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Listed by: Joe Hernandez • The Double J Group at Powers Real Estate
Mls Name: HAR
Mls ID: #22796196