LOT 10 Hargrove LnWashingtonTX77880
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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 Washington at LOT 10 Hargrove Ln, Washington, TX, 77880 listed at $206,000 pairs $1,724/mo rent with a $1,008/mo payment to leave $259/mo cash flow. Total monthly income runs $1,724/mo, and annual cash flow reaches $3,112/yr on $68,289 cash to close. Return on cash invested measures 24.47% in year one, and rental yield registers 10.04% at a $206,000 basis. Equity gained on principal adds $1,329/yr, and annual property appreciation at 5% supports $56,914 by year five. Five-year ROI tracks 128.52% and total cumulative return in cash totals $87,764. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,724/mo property income relative to a $1,008/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
2.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77880, Washington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,066 (100%) |
| Owner Occupied HU | 654 (61.4%) |
| Renter Occupied HU | 124 (11.6%) |
| Vacant Housing Units | 288 (27.0%) |
| Median Home Value | $614,706 |
| Average Home Value | $866,338 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
33
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Listed by: Bradley Bevers • Legend Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #47022529
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