115 Milby 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 115 Milby St, Houston, TX, 77003 offers $2,122/mo rent that, after a $2,349/mo payment. Total monthly income is $2,122/mo. Return on cash invested measures 10.17% in year one, and rental yield stands at 5.31% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 51.86% and total cumulative return in cash reaches $82,497. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,122/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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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