2306 Florida StBaytownTX77520
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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 Baytown at 2306 Florida St, Baytown, TX, 77520 offers a 10.76% rental yield on a $205,000 purchase with $1,839/mo rent. Total monthly income registers $1,839/mo, and a $1,003/mo payment leaves $382/mo available for distribution. Annual cash flow reaches $4,579/yr on $67,958 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 140.2% and total cumulative return in cash at $95,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,839/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
8,820 sqft 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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Listed by: Steve Capello • Wanda Taylor Properties
Mls Name: HAR
Mls Provider:
Mls ID: #14121889
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