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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 Needville at 9623 Highland Pointe Dr, Needville, TX, 77461 offers a 10.61% rental yield on a $359,900 purchase with $3,182/mo rent. Total monthly income registers $3,182/mo, and a $1,762/mo payment leaves $580/mo available for distribution. Annual cash flow reaches $6,960/yr on $119,307 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 135.47% and total cumulative return in cash at $161,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,182/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,619 sqft lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 77461, Needville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,665 (100%) |
| Owner Occupied HU | 3,683 (78.9%) |
| Renter Occupied HU | 725 (15.5%) |
| Vacant Housing Units | 257 ( 5.5%) |
| Median Home Value | $382,481 |
| Average Home Value | $436,394 |
Residential
4,205
Single Family
4,136
Multi-Family
69
Businesses
261
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Price change | $359,900 |
| 2024-08-30 | Price change | $369,900 |
| 2024-08-09 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $382,759 | 10.00% |
| 2023-10-22 | $6407.82 | -2.56% | $347,963 | 10.00% |
| 2022-10-22 | $6576.03 | 11.56% | $316,330 | 10.00% |
Listed by: Cole Lumley • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #7964529
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
