2120 El Paseo St APT 2905HoustonTX77054
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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 2905, Houston, TX, 77054 uses $33,150 cash to close to unlock $988/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $793/mo, and a $489/mo payment keeps the spread at $82/mo. Purchase price stands at $100,000, and rental yield measures 9.52% with $793/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 120.12% and total cumulative return in cash records $39,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $793/mo property income covering a $489/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
4.98 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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