2020 McGowen St UNIT EHoustonTX77004
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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 2020 McGowen St UNIT E, Houston, TX, 77004 listed at $418,500 pairs $3,733/mo rent with a $2,048/mo payment to leave $757/mo cash flow. Total monthly income runs $3,733/mo, and annual cash flow reaches $9,088/yr on $138,733 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 10.7% at a $418,500 basis. Equity gained on principal adds $2,701/yr, and annual property appreciation at 5% supports $115,624 by year five. Five-year ROI tracks 139.2% and total cumulative return in cash totals $193,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,733/mo property income relative to a $2,048/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
1,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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