2420 Miramar Ct #2420SeabrookTX77586
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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 Seabrook at 2420 Miramar Ct #2420, Seabrook, TX, 77586 offers a 9.55% rental yield on a $140,000 purchase with $1,114/mo rent. Total monthly income registers $1,114/mo, and a $685/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,424/yr on $46,410 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 120.51% and total cumulative return in cash at $55,930. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,114/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77586, Seabrook, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,624 (100%) |
| Owner Occupied HU | 6,373 (60.0%) |
| Renter Occupied HU | 3,344 (31.5%) |
| Vacant Housing Units | 907 ( 8.5%) |
| Median Home Value | $355,903 |
| Average Home Value | $406,033 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
7,120
Multi-Family
3,589
Businesses
606
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