2402 Southgate BlvdHoustonTX77030
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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 2402 Southgate Blvd, Houston, TX, 77030 earns from $2,204/mo rent with a $4,283/mo payment. Total monthly income totals $2,204/mo. ROI tracks 3.31% on current figures, and rental yield reads 3.02% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 15.01% and total cumulative return in cash sums $43,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,204/mo property income instead of your personal income.
Single Family
Built in 1940
5,989 sqft 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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Listed by: Barbara Fisher • Greenwood King Properties - Kirby Office
Mls Name: HAR
Mls Provider:
Mls ID: #75450932
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