2205 McKinney St APT 510HoustonTX77003
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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 2205 McKinney St APT 510, Houston, TX, 77003 earns $384/mo cash flow from $1,664/mo rent with a $881/mo payment. Total monthly income totals $1,664/mo, and annual cash flow totals $4,608/yr on $59,670 capital. ROI tracks 27.63% on current figures, and rental yield reads 11.09% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 145.45% and total cumulative return in cash sums $86,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,664/mo property income instead of your personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
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