802 Old Ocean AveSweenyTX77480
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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 Sweeny at 802 Old Ocean Ave, Sweeny, TX, 77480 with 5% annual appreciation on a $149,000 basis while $1,322/mo rent supports operations. Total monthly income totals $1,322/mo and a $729/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,510/yr on $49,394 deployed, and return on cash invested reaches 24.99% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 10.65%. Five-year ROI measures 131.86% and total cumulative return in cash totals $65,128.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,322/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77480, Sweeny, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,645 (100%) |
| Owner Occupied HU | 2,409 (66.1%) |
| Renter Occupied HU | 739 (20.3%) |
| Vacant Housing Units | 497 (13.6%) |
| Median Home Value | $232,921 |
| Average Home Value | $286,449 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,686
Multi-Family
303
Businesses
162
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Listed by: Michael McCormick • NetWorth Realty of Houston, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #97972028
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