1111 Bering Dr UNIT 503HoustonTX77057
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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 1111 Bering Dr UNIT 503, Houston, TX, 77057 listed at $589,500 pairs $3,496/mo rent with a $2,885/mo payment. Total monthly income runs $3,496/mo. Return on cash invested measures 15.76% in year one, and rental yield registers 7.12% at a $589,500 basis. Equity gained on principal adds $3,804/yr, and annual property appreciation at 5% supports $162,868 by year five. Five-year ROI tracks 81.77% and total cumulative return in cash totals $158,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,496/mo property income relative to a $2,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
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