2402 Sycamore Ave APT E6HuntsvilleTX77340
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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 Huntsville at 2402 Sycamore Ave APT E6, Huntsville, TX, 77340 offers a 12.86% rental yield on a $141,000 purchase with $1,511/mo rent. Total monthly income registers $1,511/mo, and a $690/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,341/yr on $46,742 to close, and return on cash invested stands at 27.06% in year one. Equity gained on principal adds $910/yr while 5% annual appreciation supports $38,956 over five years. Portfolio math shows five-year ROI at 144.59% and total cumulative return in cash at $67,584. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,511/mo property income against a $690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77340, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,270 (100%) |
| Owner Occupied HU | 5,796 (35.6%) |
| Renter Occupied HU | 8,310 (51.1%) |
| Vacant Housing Units | 2,164 (13.3%) |
| Median Home Value | $254,496 |
| Average Home Value | $285,692 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
8,554
Multi-Family
5,938
Businesses
1,172
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Listed by: Deborah Crespo • Connect Realty.com
Mls Name: HAR
Mls Provider:
Mls ID: #93110696
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