2420 Locke LnHoustonTX77019
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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 2420 Locke Ln, Houston, TX, 77019 earns from $7,852/mo rent with a $9,662/mo payment. Total monthly income totals $7,852/mo. ROI tracks 8.76% on current figures, and rental yield reads 4.77% at a $1,974,000 purchase. Equity gained on principal adds $12,738/yr, and 5% annual appreciation supports $545,380 over five years. Five-year ROI reaches 44.22% and total cumulative return in cash sums $282,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,852/mo property income instead of your personal income.
Single Family
Built in 1940
6,599 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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