1602 Evesham DrHoustonTX77015
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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 Houston at 1602 Evesham Dr, Houston, TX, 77015 at $279,000 posts ROI 19.46% with from $1,972/mo rent. Total monthly income equals $1,972/mo. Return on cash invested measures 19.46% and rental yield reads 8.48% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 101.77% and total cumulative return in cash totals $94,123. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
8,999 sqft lot
$N/A/sqft
$270 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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Listed by: Mary Jane Bradshaw • Coldwell Banker Realty - Heights
Mls Name: HAR
Mls Provider:
Mls ID: #61083637
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