1203 Waugh DrHoustonTX77019
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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 1203 Waugh Dr, Houston, TX, 77019 priced at $749,000 converts $4,093/mo rent into after a $3,666/mo obligation. Total monthly income equals $4,093/mo. Return on cash invested prints 11.84% in year one, and rental yield reads 6.56% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 61.58% and total cumulative return in cash sums $151,744. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,093/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
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Listed by: Rebecca Turner • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #58878191
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