975 S Ann StSour LakeTX77659
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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 Sour Lake at 975 S Ann St, Sour Lake, TX, 77659 earns $143/mo cash flow from $1,509/mo rent with a $940/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $1,721/yr on $63,648 capital. ROI tracks 22.61% on current figures, and rental yield reads 9.43% at a $192,000 purchase. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,046 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash sums $75,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77659, Sour Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,318 (100%) |
| Owner Occupied HU | 1,739 (75.0%) |
| Renter Occupied HU | 313 (13.5%) |
| Vacant Housing Units | 266 (11.5%) |
| Median Home Value | $247,750 |
| Average Home Value | $251,581 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,996
Multi-Family
36
Businesses
134
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