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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somerville at 9460 Fm 60 E, Somerville, TX, 77879 uses $93,940 cash to close to unlock $4,210/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,387/mo payment keeps the spread at $351/mo. Purchase price stands at $283,380, and rental yield measures 10.02% with $2,366/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $78,293 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash records $120,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,387/mo payment rather than investor’s personal income.
Single Family
Built in 1983
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-25 | $1358.79 | -27.14% | $203,733 | 7.04% |
| 2022-06-25 | $1865.00 | 6.14% | $190,342 | 12.14% |
| 2021-06-25 | $1757.13 | N/A | $169,734 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
