2727 Essex TerHoustonTX77027
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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 Houston at 2727 Essex Ter, Houston, TX, 77027 uses $205,625 cash to close to unlock $16,211/yr annual cash flow and $1,351/mo monthly cash flow. Total monthly income runs $5,962/mo, and a $3,059/mo payment keeps the spread at $1,351/mo. Purchase price stands at $625,000, and rental yield measures 11.45% with $5,962/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 147.47% and total cumulative return in cash records $303,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,962/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1979
3,432 sqft lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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Listed by: Lary Barton • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #40315172
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