908 Howell AveLa MarqueTX77568
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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 La Marque at 908 Howell Ave, La Marque, TX, 77568 offers a 9.56% rental yield on a $149,900 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $734/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,533/yr on $49,692 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 120.62% and total cumulative return in cash at $59,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
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Listed by: Jamie Terry • Priority One Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #84642081
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