2120 El Paseo St APT 403HoustonTX77054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 403, Houston, TX, 77054 earns $103/mo cash flow from $1,027/mo rent with a $636/mo payment. Total monthly income totals $1,027/mo, and annual cash flow totals $1,234/yr on $43,095 capital. ROI tracks 22.77% on current figures, and rental yield reads 9.48% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash sums $51,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,027/mo property income instead of your personal income.
Townhouse
Built in 1980
4.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices