1039 Martin StHoustonTX77018
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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 1039 Martin St, Houston, TX, 77018 uses $329,000 cash to close to unlock $36,402/yr annual cash flow and $3,034/mo monthly cash flow. Total monthly income runs $10,231/mo, and a $4,895/mo payment keeps the spread at $3,034/mo. Purchase price stands at $1,000,000, and rental yield measures 12.28% with $10,231/mo rent. Return on cash invested shows 31.12% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 164.28% and total cumulative return in cash records $540,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,231/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Creston Inderrieden • IndyQuest Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #10593812
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