2523 Watts StHoustonTX77030
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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
Rental property for sale in Houston at 2523 Watts St, Houston, TX, 77030 priced at $1,799,000 pairs $7,295/mo rent with after a $8,805/mo payment. Total monthly income equals $7,295/mo. Return on cash invested is 9.05% in year one, and rental yield stands at 4.87% on a $1,799,000 basis. Equity gained on principal adds $11,609/yr, and 5% annual appreciation accumulates to $497,031 by year five. Five-year ROI measures 45.76% and total cumulative return in cash reaches $266,721. For financing, Ziffy Mortgage’s DSCR program evaluates $7,295/mo property income against a $8,805/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
6,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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