250 El Dorado Blvd #217HoustonTX77062
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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 250 El Dorado Blvd #217, Houston, TX, 77062 listed at $140,000 pairs $1,106/mo rent with a $685/mo payment. Total monthly income runs $1,106/mo. Return on cash invested measures 9.45% in year one, and rental yield registers 9.48% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 52.85% and total cumulative return in cash totals $24,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,106/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
8.52 Acres lot
$N/A/sqft
$515 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
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Listed by: Angella Muschalek • Gold Luxe Realty
Mls Name: HAR
Mls Provider:
Mls ID: #66702761
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