2061 Southgate BlvdHoustonTX77030
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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 2061 Southgate Blvd, Houston, TX, 77030 offers a 3.55% rental yield on a $868,000 purchase with $2,569/mo rent. 92% in year one. Equity gained on principal adds $5,601/yr while 5% annual appreciation supports $239,812 over five years. Portfolio math shows five-year ROI at 23.64% and total cumulative return in cash at $67,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $4,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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