965 Wommack DrCrystal BeachTX77650
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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 Crystal Beach at 965 Wommack Dr, Crystal Beach, TX, 77650 listed at $580,000 pairs $4,200/mo rent with a $2,839/mo payment to leave $75/mo cash flow. Total monthly income runs $4,200/mo, and annual cash flow reaches $904/yr on $190,820 cash to close. Return on cash invested measures 20.53% in year one, and rental yield registers 8.69% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 107.4% and total cumulative return in cash totals $204,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77650, Port Bolivar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 1,061 (30.4%) |
| Renter Occupied HU | 178 ( 5.1%) |
| Vacant Housing Units | 2,255 (64.5%) |
| Median Home Value | $428,038 |
| Average Home Value | $474,239 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
124
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Listed by: Marilyn Holt • RE/MAX On The Water -Bolivar
Mls Name: HAR
Mls ID: #34198668