8922 Glacier AveTexas 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
Rental property for sale in Texas City at 8922 Glacier Ave, Texas City, TX, 77591 offers $1,502/mo rent that, after a $979/mo payment, leaves $80/mo cash flow. Total monthly income is $1,502/mo, and annual cash flow is $956/yr on $66,300 cash. Return on cash invested measures 21.35% in year one, and rental yield stands at 9.01% at a $199,999 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 111.81% and total cumulative return in cash reaches $74,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,502/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
2,905 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: Jeffrey Spence • Walzel Properties - Corporate Office
Mls Name: HAR
Mls ID: #44921560