2121 El Paseo St APT 2000HoustonTX77054
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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 2121 El Paseo St APT 2000, Houston, TX, 77054 listed at $115,000 pairs $872/mo rent with a $563/mo payment. Total monthly income runs $872/mo. Return on cash invested measures 5.97% in year one, and rental yield registers 9.1% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 35.12% and total cumulative return in cash totals $13,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $872/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
5.09 Acres lot
$N/A/sqft
$455 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: Joji Eapen • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #16341821
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