121 W 10th StHoustonTX77008
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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 Houston at 121 W 10th St, Houston, TX, 77008 offers a 16.05% rental yield on a $499,000 purchase with $6,676/mo rent. Total monthly income registers $6,676/mo, and a $2,442/mo payment leaves $3,053/mo available for distribution. Annual cash flow reaches $36,635/yr on $165,419 to close, and return on cash invested stands at 42.06% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 223% and total cumulative return in cash at $368,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,676/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1,742 sqft lot
$N/A/sqft
$225 quarterly 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: Kasia Mccormick • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #26428693
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