1218 Wagner StHoustonTX77007
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
Investment property for sale in Houston at 1218 Wagner St, Houston, TX, 77007 at $779,000 posts ROI 27.41% with $1,569/mo cash flow from $7,109/mo rent. Total monthly income equals $7,109/mo, and annual cash flow records $18,831/yr on $256,291 to close. Return on cash invested measures 27.41% and rental yield reads 10.95% at the current $779,000. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 by year five. Five-year ROI prints 144.25% and total cumulative return in cash totals $369,698.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,109/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Thomas • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #30274077
Disclaimer: Copyright 2024, 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.