513 Egan StHoustonTX77020
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 Houston at 513 Egan St, Houston, TX, 77020 uses $149,172 cash to close to unlock $12,174/yr annual cash flow and $1,015/mo monthly cash flow. Total monthly income runs $4,214/mo, and a $2,202/mo payment keeps the spread at $1,015/mo. Purchase price stands at $449,990, and rental yield measures 11.24% with $4,214/mo rent. Return on cash invested shows 28.07% in year one, and 5% annual appreciation builds toward $124,324 over five years. Five-year ROI reaches 147.82% and total cumulative return in cash records $220,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,214/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77020, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,365 (100%) |
| Owner Occupied HU | 4,634 (44.7%) |
| Renter Occupied HU | 4,606 (44.4%) |
| Vacant Housing Units | 1,125 (10.9%) |
| Median Home Value | $166,126 |
| Average Home Value | $235,260 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,495
Multi-Family
1,140
Businesses
1,009
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Listed by: Monty Singh • RE/MAX Universal
Mls Name: HAR
Mls Provider:
Mls ID: #25339517
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