1201 Bering DrHoustonTX77057
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
Rental property for sale in Houston at 1201 Bering Dr, Houston, TX, 77057 priced at $190,500 converts $1,361/mo rent into after a $932/mo obligation. Total monthly income equals $1,361/mo. Return on cash invested prints 11.81% in year one, and rental yield reads 8.57% against a $190,500 entry. Equity gained on principal adds $1,229/yr, while 5% annual appreciation compiles into $52,632 by year five. Five-year ROI reaches 63.62% and total cumulative return in cash sums $40,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,361/mo property income covering a $932/mo payment, not borrower’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$433 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Davenport • Patricia Davenport
Mls Name: HAR
Mls Provider:
Mls ID: #84248592
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.