1008 Avenue NSouth HoustonTX77587
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 South Houston at 1008 Avenue N, South Houston, TX, 77587 generates $2,081/mo in rent and, after a $1,101/mo payment, leaves $481/mo in cash flow. Total monthly income is $2,081/mo, and annual cash flow is $5,775/yr on $74,588 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 11.1% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 145.61% and total cumulative return in cash sums $108,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,081/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
8,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77587, South Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,305 (100%) |
| Owner Occupied HU | 2,708 (51.0%) |
| Renter Occupied HU | 2,214 (41.7%) |
| Vacant Housing Units | 383 ( 7.2%) |
| Median Home Value | $220,896 |
| Average Home Value | $255,766 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
3,965
Multi-Family
1,151
Businesses
966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valor Ojeda • AEA Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86917352
Disclaimer: Copyright 2025, 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.