712 E Lobit StBaytownTX77520
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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 Baytown at 712 E Lobit St, Baytown, TX, 77520 priced at $215,000 converts $1,686/mo rent into $157/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,686/mo, and annual cash flow totals $1,889/yr on $71,273 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 9.41% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 118.3% and total cumulative return in cash sums $84,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,686/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1947
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77520, Baytown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,239 (100%) |
| Owner Occupied HU | 7,282 (51.1%) |
| Renter Occupied HU | 5,550 (39.0%) |
| Vacant Housing Units | 1,407 ( 9.9%) |
| Median Home Value | $185,714 |
| Average Home Value | $251,401 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
10,546
Multi-Family
3,526
Businesses
1,034
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