2120 El Paseo St APT 604HoustonTX77054
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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 604, Houston, TX, 77054 listed at $103,000 pairs $797/mo rent with a $504/mo payment. Total monthly income runs $797/mo. Return on cash invested measures 8.86% in year one, and rental yield registers 9.29% at a $103,000 basis. Equity gained on principal adds $665/yr, and annual property appreciation at 5% supports $28,457 by year five. Five-year ROI tracks 49.72% and total cumulative return in cash totals $16,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $797/mo property income relative to a $504/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
4.04 Acres lot
$N/A/sqft
$360 monthly 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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Listed by: Sarah Farhi • Coldwell Banker Realty - Bellaire-Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #49215291
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