2620 Rusk StHoustonTX77003
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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 2620 Rusk St, Houston, TX, 77003 priced at $565,500 pairs $3,242/mo rent with after a $2,768/mo payment. Total monthly income equals $3,242/mo. Return on cash invested is 12.66% in year one, and rental yield stands at 6.88% on a $565,500 basis. Equity gained on principal adds $3,649/yr, and 5% annual appreciation accumulates to $156,237 by year five. Five-year ROI measures 66.04% and total cumulative return in cash reaches $122,872. For financing, Ziffy Mortgage’s DSCR program evaluates $3,242/mo property income against a $2,768/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2018
1,500 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
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Listed by: Maria McDill • Coldwell Banker Realty - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #16095997
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