2509 Westgate DrHoustonTX77019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2509 Westgate Dr, Houston, TX, 77019 listed at $1,895,000 pairs $8,176/mo rent with a $9,275/mo payment. Total monthly income runs $8,176/mo. Return on cash invested measures 9.86% in year one, and rental yield registers 5.18% at a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and annual property appreciation at 5% supports $523,554 by year five. Five-year ROI tracks 50.14% and total cumulative return in cash totals $307,829. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,176/mo property income relative to a $9,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
7,701 sqft lot
$N/A/sqft
$950 annually 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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Nearby investment properties with comparable prices
Listed by: Suzann Richardson • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #41086651
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