10309 Wiggins StHoustonTX77029
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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 Houston at 10309 Wiggins St, Houston, TX, 77029 offers a 10.51% rental yield on a $204,990 purchase with $1,795/mo rent. Total monthly income registers $1,795/mo, and a $1,003/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,051/yr on $67,954 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,635 over five years. Portfolio math shows five-year ROI at 136.05% and total cumulative return in cash at $92,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,795/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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