604 Verhalen Rd #604BAlvinTX77511
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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 604 Verhalen Rd #604B, Alvin, TX, 77511 earns $73/mo cash flow from $2,100/mo rent with a $1,395/mo payment. Total monthly income totals $2,100/mo, and annual cash flow totals $879/yr on $94,478 capital. ROI tracks 20.84% on current figures, and rental yield reads 8.84% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 109.09% and total cumulative return in cash sums $103,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Multi Family
Built in 1973
7,352 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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