855 Carolina DrBridge CityTX77611
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Nearby investment properties with comparable prices
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 Bridge City at 855 Carolina Dr, Bridge City, TX, 77611 priced at $165,000 pairs $1,741/mo rent with $567/mo cash flow after a $808/mo payment. Total monthly income equals $1,741/mo, and annual cash flow comes to $6,807/yr on $54,698 invested. Return on cash invested is 32.35% in year one, and rental yield stands at 12.66% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 170.86% and total cumulative return in cash reaches $93,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,741/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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Listed by: Heather Lange • Lange Realty Group
Mls Name: HAR
Mls ID: #58501407