1221 Evanston StHoustonTX77015
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 1221 Evanston St, Houston, TX, 77015 priced at $124,000 pairs $955/mo rent with $73/mo cash flow after a $607/mo payment. Total monthly income equals $955/mo, and annual cash flow comes to $878/yr on $41,106 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 9.24% on a $124,000 basis. Equity gained on principal adds $800/yr, and 5% annual appreciation accumulates to $34,259 by year five. Five-year ROI measures 115.61% and total cumulative return in cash reaches $47,523. For financing, Ziffy Mortgage’s DSCR program evaluates $955/mo property income against a $607/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julian Moreno • Acres Realty
Mls Name: HAR
Mls Provider:
Mls ID: #66222573
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.