2407 Park StHoustonTX77019
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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 2407 Park St, Houston, TX, 77019 offers $4,391/mo rent that, after a $4,913/mo payment. Total monthly income is $4,391/mo. Return on cash invested measures 10.23% in year one, and rental yield stands at 5.25% at a $1,003,800 entry. Equity gained on principal adds $6,477/yr while 5% annual appreciation compounds into $277,331 by year five. Five-year ROI records 52.1% and total cumulative return in cash reaches $169,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,391/mo property income versus a $4,913/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
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