2303 Wright BlvdBaytownTX77520
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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
Rental property for sale in Baytown at 2303 Wright Blvd, Baytown, TX, 77520 priced at $194,500 converts $1,637/mo rent into $254/mo cash flow after a $952/mo obligation. Total monthly income equals $1,637/mo, and annual cash flow totals $3,046/yr on $64,477 invested. Return on cash invested prints 24.63% in year one, and rental yield reads 10.1% against a $194,500 entry. Equity gained on principal adds $1,255/yr, while 5% annual appreciation compiles into $53,737 by year five. Five-year ROI reaches 129.38% and total cumulative return in cash sums $83,421. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,637/mo property income covering a $952/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77520, Baytown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,239 (100%) |
| Owner Occupied HU | 7,282 (51.1%) |
| Renter Occupied HU | 5,550 (39.0%) |
| Vacant Housing Units | 1,407 ( 9.9%) |
| Median Home Value | $185,714 |
| Average Home Value | $251,401 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
10,546
Multi-Family
3,526
Businesses
1,034
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