1203 Avenue ISouth 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
Investment property for sale in South Houston at 1203 Avenue I, South Houston, TX, 77587 uses $54,698 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $808/mo payment keeps the spread at $136/mo. Purchase price stands at $165,000, and rental yield measures 9.53% with $1,310/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash records $65,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,810 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: Ami Brignac • HomeTOWN Realty
Mls Name: HAR
Mls ID: #78212618