1206 W Drew StHoustonTX77006
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 1206 W Drew St, Houston, TX, 77006 priced at $1,585,000 pairs $7,146/mo rent with after a $7,758/mo payment. Total monthly income equals $7,146/mo. Return on cash invested is 10.46% in year one, and rental yield stands at 5.41% on a $1,585,000 basis. Equity gained on principal adds $10,228/yr, and 5% annual appreciation accumulates to $437,906 by year five. Five-year ROI measures 53.41% and total cumulative return in cash reaches $274,306. For financing, Ziffy Mortgage’s DSCR program evaluates $7,146/mo property income against a $7,758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Ballas • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #14619452
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.