2400 McCue Rd APT 340HoustonTX77056
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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 Houston at 2400 McCue Rd APT 340, Houston, TX, 77056 generates $4,501/mo in rent and, after a $1,468/mo payment, leaves $1,242/mo in cash flow. Total monthly income is $4,501/mo, and annual cash flow is $14,904/yr on $99,450 invested. Return on cash invested sits at 34.9% in year one, and rental yield is 18% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 189.33% and total cumulative return in cash sums $188,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,501/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$989 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
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Listed by: Ben Key • BKRE, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #38939069
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