Gray Plan, Laurel LandingAlvinTX77511
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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 Alvin at Gray Plan, Laurel Landing, Alvin, TX, 77511 uses $98,121 cash to close to unlock $4,907/yr annual cash flow and $409/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,449/mo payment keeps the spread at $409/mo. Purchase price stands at $295,990, and rental yield measures 10.19% with $2,514/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $81,777 over five years. Five-year ROI reaches 130.86% and total cumulative return in cash records $128,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,449/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77511, Alvin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,861 (100%) |
| Owner Occupied HU | 14,550 (66.6%) |
| Renter Occupied HU | 5,626 (25.7%) |
| Vacant Housing Units | 1,685 ( 7.7%) |
| Median Home Value | $269,812 |
| Average Home Value | $298,856 |
Housing Distribution
Address Breakdown
Residential
20,032
Single Family
17,392
Multi-Family
2,640
Businesses
1,090
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