1029 Herkimer St #AHoustonTX77008
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 1029 Herkimer St #A, Houston, TX, 77008 at $775,000 posts ROI 27.02% with $1,478/mo cash flow from $6,989/mo rent. Total monthly income equals $6,989/mo, and annual cash flow records $17,737/yr on $254,975 to close. Return on cash invested measures 27.02% and rental yield reads 10.82% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 142.16% and total cumulative return in cash totals $362,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,989/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
3,998 sqft lot
$N/A/sqft
No 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
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Listed by: Clifton Wilson • CW3 Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #90429839
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