8002 W Red Oak LnTexas CityTX77591
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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 Texas City at 8002 W Red Oak Ln, Texas City, TX, 77591 earns $549/mo cash flow from $2,178/mo rent with a $1,121/mo payment. Total monthly income totals $2,178/mo, and annual cash flow totals $6,593/yr on $75,914 capital. ROI tracks 28.59% on current figures, and rental yield reads 11.41% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 150.65% and total cumulative return in cash sums $114,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,178/mo property income instead of your personal income.
Single Family
Built in 2013
6,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77591, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,747 (100%) |
| Owner Occupied HU | 4,772 (54.6%) |
| Renter Occupied HU | 3,181 (36.4%) |
| Vacant Housing Units | 794 ( 9.1%) |
| Median Home Value | $284,863 |
| Average Home Value | $350,868 |
Housing Distribution
Address Breakdown
Residential
7,550
Single Family
5,010
Multi-Family
2,540
Businesses
361
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Listed by: Jamila Tunu • Realinc, Office of Jason T. Hyman
Mls Name: HAR
Mls ID: #10163970