Rio Grande Plan, Steed LandingTexas CityTX77590
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
Rental property for sale in Texas City at Rio Grande Plan, Steed Landing, Texas City, TX, 77590 priced at $307,990 pairs $2,400/mo rent with $210/mo cash flow after a $1,507/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $2,523/yr on $102,099 invested. Return on cash invested is 22.38% in year one, and rental yield stands at 9.35% on a $307,990 basis. Equity gained on principal adds $1,987/yr, and 5% annual appreciation accumulates to $85,092 by year five. Five-year ROI measures 117.33% and total cumulative return in cash reaches $119,796. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,507/mo payment instead of your W2s, 1099s, or Tax returns.
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