Harris Plan, Pelican PointeTexas CityTX77590
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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
Rental property for sale in Texas City at Harris Plan, Pelican Pointe, Texas City, TX, 77590 priced at $314,990 converts $2,400/mo rent into $160/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $1,917/yr on $104,419 invested. Return on cash invested prints 21.75% in year one, and rental yield reads 9.14% against a $314,990 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,026 by year five. Five-year ROI reaches 113.9% and total cumulative return in cash sums $118,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77590, Texas City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 6,797 (52.1%) |
| Renter Occupied HU | 5,265 (40.4%) |
| Vacant Housing Units | 978 ( 7.5%) |
| Median Home Value | $181,551 |
| Average Home Value | $254,427 |
Housing Distribution
Address Breakdown
Residential
12,203
Single Family
9,405
Multi-Family
2,798
Businesses
775
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A