1026 Patterson StHoustonTX77007
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 1026 Patterson St, Houston, TX, 77007 earns $1,042/mo cash flow from $4,469/mo rent with a $2,359/mo payment. Total monthly income totals $4,469/mo, and annual cash flow totals $12,499/yr on $159,783 capital. ROI tracks 27.73% on current figures, and rental yield reads 11.13% at a $482,000 purchase. Equity gained on principal adds $3,110/yr, and 5% annual appreciation supports $133,168 over five years. Five-year ROI reaches 146% and total cumulative return in cash sums $233,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,469/mo property income instead of your personal income.
Single Family
Built in 2015
1,694 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices