10802 Hoffer StHoustonTX77075
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
Rental property for sale in Houston at 10802 Hoffer St, Houston, TX, 77075 priced at $203,000 converts $2,998/mo rent into $1,554/mo cash flow after a $994/mo obligation. Total monthly income equals $2,998/mo, and annual cash flow totals $18,648/yr on $67,295 invested. Return on cash invested prints 47.62% in year one, and rental yield reads 17.72% against a $203,000 entry. Equity gained on principal adds $1,310/yr, while 5% annual appreciation compiles into $56,085 by year five. Five-year ROI reaches 252.74% and total cumulative return in cash sums $170,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,998/mo property income covering a $994/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77075, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,944 (100%) |
| Owner Occupied HU | 7,820 (52.3%) |
| Renter Occupied HU | 6,176 (41.3%) |
| Vacant Housing Units | 948 ( 6.3%) |
| Median Home Value | $247,668 |
| Average Home Value | $257,402 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
9,252
Multi-Family
4,353
Businesses
938
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Nearby investment properties with comparable prices
Listed by: Jerry Ta • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #30176796
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