2400 N Braeswood Blvd APT 301HoustonTX77030
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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 2400 N Braeswood Blvd APT 301, Houston, TX, 77030 uses $42,432 cash to close to unlock $783/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $975/mo, and a $627/mo payment keeps the spread at $65/mo. Purchase price stands at $128,000, and rental yield measures 9.14% with $975/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 114.02% and total cumulative return in cash records $48,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $975/mo property income covering a $627/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
7.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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