1500 S Diamondhead Blvd APT 136CrosbyTX77532
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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
Total monthly income runs $1,074/mo, and a $661/mo payment. Purchase price stands at $135,000, and rental yield measures 9.55% with $1,074/mo rent. Return on cash invested shows 15.93% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 85.3% and total cumulative return in cash records $38,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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Listed by: Velma Ellison • Alliance Properties
Mls Name: HAR
Mls Provider:
Mls ID: #80484118
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