Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Somerville at The 1651 Plan, Grand Lake, Somerville, TX, 77879 offers $954/mo rent that, after a $1,404/mo payment. Total monthly income is $954/mo. Return on cash invested measures 5.39% in year one, and rental yield stands at 3.99% at a $286,900 entry. Equity gained on principal adds $1,851/yr while 5% annual appreciation compounds into $79,265 by year five. Five-year ROI records 26.52% and total cumulative return in cash reaches $25,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $954/mo property income versus a $1,404/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$65 monthly HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $286,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Stylecraft Builders
Mls Name: Stylecraft Homes
Mls Provider:
Mls ID: #N/A
