1180 Augusta DrHoustonTX77057
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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 1180 Augusta Dr, Houston, TX, 77057 priced at $799,000 converts $8,114/mo rent into $2,046/mo cash flow after a $3,911/mo obligation. Total monthly income equals $8,114/mo, and annual cash flow totals $24,556/yr on $262,871 invested. Return on cash invested prints 29.4% in year one, and rental yield reads 12.19% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 155.58% and total cumulative return in cash sums $408,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,114/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2,596 sqft lot
$N/A/sqft
$4,627 annually 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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Listed by: Amanda Walsh • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #79330638
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