8 Fm 950Eagle 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 8 Fm 950, Eagle Lake, TX, 77434 listed at $184,660 pairs $1,511/mo rent with a $904/mo payment to leave $198/mo cash flow. Total monthly income runs $1,511/mo, and annual cash flow reaches $2,372/yr on $61,215 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 9.82% at a $184,660 basis. Equity gained on principal adds $1,192/yr, and annual property appreciation at 5% supports $51,018 by year five. Five-year ROI tracks 124.86% and total cumulative return in cash totals $76,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,511/mo property income relative to a $904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
10.55 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: Tim Owen • Real Broker, LLC
Mls Name: HAR
Mls ID: #88291684