2300 Old Spanish Trl APT 2062HoustonTX77054
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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 2300 Old Spanish Trl APT 2062, Houston, TX, 77054 listed at $148,900 pairs $1,435/mo rent with a $729/mo payment. Total monthly income runs $1,435/mo. Return on cash invested measures 18.15% in year one, and rental yield registers 11.56% at a $148,900 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,138 by year five. Five-year ROI tracks 98.6% and total cumulative return in cash totals $48,669. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,435/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
3.03 Acres lot
$N/A/sqft
$411 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: Krishan Gupta • KRG, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #47814250
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