505 Allen CtAlvinTX77511
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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
Rental property for sale in Alvin at 505 Allen Ct, Alvin, TX, 77511 priced at $149,900 pairs $1,155/mo rent with $89/mo cash flow after a $734/mo payment. Total monthly income equals $1,155/mo, and annual cash flow comes to $1,065/yr on $49,692 invested. Return on cash invested is 22.05% in year one, and rental yield stands at 9.25% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 115.55% and total cumulative return in cash reaches $57,419. For financing, Ziffy Mortgage’s DSCR program evaluates $1,155/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
8,337 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
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