2501 Gulf Fwy APT 242DDickinsonTX77539
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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 Dickinson at 2501 Gulf Fwy APT 242D, Dickinson, TX, 77539 offers a 17.13% rental yield on a $105,000 purchase with $1,499/mo rent. Total monthly income registers $1,499/mo, and a $514/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,826/yr on $34,808 to close, and return on cash invested stands at 28.03% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 154.11% and total cumulative return in cash at $53,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,499/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
886 sqft lot
$N/A/sqft
$461 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77539, Dickinson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,032 (100%) |
| Owner Occupied HU | 14,241 (67.7%) |
| Renter Occupied HU | 4,862 (23.1%) |
| Vacant Housing Units | 1,929 ( 9.2%) |
| Median Home Value | $283,214 |
| Average Home Value | $329,256 |
Housing Distribution
Address Breakdown
Residential
18,365
Single Family
16,040
Multi-Family
2,325
Businesses
1,136
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Listed by: Shane Bergeson • Better Homes and Gardens Real Estate Gary Greene - Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #87323415
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