1041 Tulane StHoustonTX77008
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 1041 Tulane St, Houston, TX, 77008 at $1,199,000 posts ROI 26.38% with $1,944/mo cash flow from $10,471/mo rent. Total monthly income equals $10,471/mo, and annual cash flow records $23,331/yr on $388,476 to close. Return on cash invested measures 26.38% and rental yield reads 10.48% at the current $1,199,000. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 by year five. Five-year ROI prints 138.66% and total cumulative return in cash totals $538,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,471/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
5,497 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: Danielle Thurman • Redfin Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #70210520
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