1002 Worthshire StHoustonTX77008
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
Rental property for sale in Houston at 1002 Worthshire St, Houston, TX, 77008 priced at $875,000 pairs $6,100/mo rent with after a $4,283/mo payment. Total monthly income equals $6,100/mo. Return on cash invested is 19.51% in year one, and rental yield stands at 8.37% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 101.93% and total cumulative return in cash reaches $293,435. For financing, Ziffy Mortgage’s DSCR program evaluates $6,100/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
7,779 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabatha Urech • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #58259241
Disclaimer: Copyright 2024, 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.