Rio Grande Plan, Steed LandingTexas 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 Rio Grande Plan, Steed Landing, Texas City, TX, 77590 generates $2,400/mo in rent and, after a $1,459/mo payment, leaves $280/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $3,365/yr on $98,784 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 9.66% on a $297,990 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,329 over five years. Five-year ROI reaches 122.34% and total cumulative return in cash sums $120,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’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 • CastleRock Communities
Mls Name: Castlerock Communities
Mls ID: #N/A