115 Munford StHoustonTX77008
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
Investment property for sale in Houston at 115 Munford St, Houston, TX, 77008 with 5% annual appreciation on a $490,000 basis while $7,163/mo rent supports operations. Total monthly income totals $7,163/mo and a $2,398/mo payment preserves $3,679/mo for cash returns. Annual cash flow comes to $44,146/yr on $162,435 deployed, and return on cash invested reaches 47.09% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 17.54%. Five-year ROI measures 249.79% and total cumulative return in cash totals $405,744.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,163/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
3,898 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices