1116 Saint Charles StHoustonTX77003
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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
Rental property for sale in Houston at 1116 Saint Charles St, Houston, TX, 77003 priced at $529,900 pairs $6,055/mo rent with $2,204/mo cash flow after a $2,594/mo payment. Total monthly income equals $6,055/mo, and annual cash flow comes to $26,450/yr on $174,337 invested. Return on cash invested is 35.23% in year one, and rental yield stands at 13.71% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 186.42% and total cumulative return in cash reaches $324,995. For financing, Ziffy Mortgage’s DSCR program evaluates $6,055/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
1,724 sqft lot
$N/A/sqft
$987 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
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Listed by: Carol Ann Fakouri • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #46820119
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