118 Weldon StSouth HoustonTX77587
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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 South Houston at 118 Weldon St, South Houston, TX, 77587 priced at $419,990 converts $2,502/mo rent into after a $2,056/mo obligation. Total monthly income equals $2,502/mo. Return on cash invested prints 15.73% in year one, and rental yield reads 7.15% against a $419,990 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,035 by year five. Five-year ROI reaches 81.67% and total cumulative return in cash sums $113,704. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,502/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 2020
7,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77587, South Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,305 (100%) |
| Owner Occupied HU | 2,708 (51.0%) |
| Renter Occupied HU | 2,214 (41.7%) |
| Vacant Housing Units | 383 ( 7.2%) |
| Median Home Value | $220,896 |
| Average Home Value | $255,766 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
3,965
Multi-Family
1,151
Businesses
966
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Listed by: Lupita Reed • Realty Of America, LLC
Mls Name: HAR
Mls ID: #23423187