407 S 2nd StAlvinTX77511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 407 S 2nd St, Alvin, TX, 77511 offers a 10.87% rental yield on a $248,500 purchase with $2,250/mo rent. Total monthly income registers $2,250/mo, and a $1,216/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,798/yr on $82,378 to close, and return on cash invested stands at 26.95% in year one. Equity gained on principal adds $1,604/yr while 5% annual appreciation supports $68,656 over five years. Portfolio math shows five-year ROI at 141.85% and total cumulative return in cash at $116,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,250/mo property income against a $1,216/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,001 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Torres • Century 21 Tevas
Mls Name: HAR
Mls Provider:
Mls ID: #66495704
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.