979 N Fm 647 RdLouiseTX77455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Louise at 979 N Fm 647 Rd, Louise, TX, 77455 offers a 9.38% rental yield on a $150,000 purchase with $1,173/mo rent. Total monthly income registers $1,173/mo, and a $734/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,278/yr on $49,725 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 117.9% and total cumulative return in cash at $58,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,173/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 1995
4.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77455, Louise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 804 (100%) |
| Owner Occupied HU | 588 (73.1%) |
| Renter Occupied HU | 129 (16.0%) |
| Vacant Housing Units | 87 (10.8%) |
| Median Home Value | $235,870 |
| Average Home Value | $362,262 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
48
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