2120 El Paseo St APT 1703HoustonTX77054
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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 2120 El Paseo St APT 1703, Houston, TX, 77054 listed at $106,500 pairs $846/mo rent with a $521/mo payment to leave $89/mo cash flow. Total monthly income runs $846/mo, and annual cash flow reaches $1,067/yr on $35,305 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 9.53% at a $106,500 basis. Equity gained on principal adds $687/yr, and annual property appreciation at 5% supports $29,424 by year five. Five-year ROI tracks 120.27% and total cumulative return in cash totals $42,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $846/mo property income relative to a $521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1981
3.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77054, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,481 (100%) |
| Owner Occupied HU | 2,282 (13.8%) |
| Renter Occupied HU | 12,097 (73.4%) |
| Vacant Housing Units | 2,102 (12.8%) |
| Median Home Value | $269,018 |
| Average Home Value | $335,532 |
Housing Distribution
Address Breakdown
Residential
16,326
Single Family
683
Multi-Family
15,643
Businesses
1,214
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