406 S 7th StAlvinTX77511
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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 Alvin at 406 S 7th St, Alvin, TX, 77511 uses $41,438 cash to close to unlock $635/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $942/mo, and a $612/mo payment keeps the spread at $53/mo. Purchase price stands at $125,000, and rental yield measures 9.04% with $942/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 112.26% and total cumulative return in cash records $46,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $942/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77511, Alvin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,861 (100%) |
| Owner Occupied HU | 14,550 (66.6%) |
| Renter Occupied HU | 5,626 (25.7%) |
| Vacant Housing Units | 1,685 ( 7.7%) |
| Median Home Value | $269,812 |
| Average Home Value | $298,856 |
Housing Distribution
Address Breakdown
Residential
20,032
Single Family
17,392
Multi-Family
2,640
Businesses
1,090
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