1204 W 16th St #AHoustonTX77008
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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 1204 W 16th St #A, Houston, TX, 77008 generates $4,159/mo in rent and, after a $2,765/mo payment, leaves $104/mo in cash flow. Total monthly income is $4,159/mo, and annual cash flow is $1,249/yr on $185,885 invested. Return on cash invested sits at 20.73% in year one, and rental yield is 8.83% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 108.55% and total cumulative return in cash sums $201,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,159/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1,894 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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Listed by: Caroline Schlemmer • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #10573445
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