122 Vieux Carre DrHoustonTX77009
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 122 Vieux Carre Dr, Houston, TX, 77009 priced at $1,008,000 converts $3,839/mo rent into after a $4,934/mo obligation. Total monthly income equals $3,839/mo. Return on cash invested prints 6.92% in year one, and rental yield reads 4.57% against a $1,008,000 entry. Equity gained on principal adds $6,504/yr, while 5% annual appreciation compiles into $278,492 by year five. Five-year ROI reaches 34.77% and total cumulative return in cash sums $113,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,839/mo property income covering a $4,934/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,764 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
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Listed by: Stephanie Aron-Weiss • Douglas Elliman Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #75148920
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