2650 Westgate StHoustonTX77098
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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 2650 Westgate St, Houston, TX, 77098 priced at $839,000 converts $5,298/mo rent into after a $4,106/mo obligation. Total monthly income equals $5,298/mo. Return on cash invested prints 17.16% in year one, and rental yield reads 7.58% against a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation compiles into $231,800 by year five. Five-year ROI reaches 89.28% and total cumulative return in cash sums $246,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,298/mo property income covering a $4,106/mo payment, not borrower’s personal income.
Single Family
Built in 1997
2,822 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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