500 E House 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
Rental property for sale in Alvin at 500 E House St, Alvin, TX, 77511 priced at $625,000 pairs $1,664/mo rent with after a $3,059/mo payment. Total monthly income equals $1,664/mo. Return on cash invested is 3.83% in year one, and rental yield stands at 3.19% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 17.83% and total cumulative return in cash reaches $36,661. For financing, Ziffy Mortgage’s DSCR program evaluates $1,664/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1962
0.29 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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Listed by: Armando Cespedes • Legacy South Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #96513142
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