8619 Morning Dove LnBaytownTX77521
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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 8619 Morning Dove Ln, Baytown, TX, 77521 priced at $349,990 converts $2,884/mo rent into $395/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,884/mo, and annual cash flow totals $4,742/yr on $116,022 invested. Return on cash invested prints 24% in year one, and rental yield reads 9.89% against a $349,990 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,696 by year five. Five-year ROI reaches 126% and total cumulative return in cash sums $146,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,884/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2017
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77521, Baytown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,544 (100%) |
| Owner Occupied HU | 15,134 (57.0%) |
| Renter Occupied HU | 9,425 (35.5%) |
| Vacant Housing Units | 1,985 ( 7.5%) |
| Median Home Value | $271,862 |
| Average Home Value | $299,507 |
Housing Distribution
Address Breakdown
Residential
26,271
Single Family
18,075
Multi-Family
8,196
Businesses
1,214
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