1102 W 7th StHoustonTX77007
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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 1102 W 7th St, Houston, TX, 77007 offers a 13.26% rental yield on a $600,000 purchase with $6,632/mo rent. Total monthly income registers $6,632/mo, and a $2,937/mo payment leaves $2,165/mo available for distribution. Annual cash flow reaches $25,980/yr on $197,400 to close, and return on cash invested stands at 33.22% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 175.84% and total cumulative return in cash at $347,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,632/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
1,720 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Jeffrey Winans • Showcase Properties of Texas
Mls Name: HAR
Mls Provider:
Mls ID: #78089693
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