1224 Prince 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 1224 Prince St, Houston, TX, 77008 with 5% annual appreciation on a $685,000 basis while $6,506/mo rent supports operations. Total monthly income totals $6,506/mo and a $3,353/mo payment preserves $1,635/mo for cash returns. Annual cash flow comes to $19,615/yr on $225,365 deployed, and return on cash invested reaches 28.76% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 11.4%. Five-year ROI measures 151.51% and total cumulative return in cash totals $341,458.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,506/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
2,975 sqft lot
$N/A/sqft
No 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: Holle Hartis • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #93385883
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