1308 Delano StHoustonTX77003
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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 1308 Delano St, Houston, TX, 77003 earns $846/mo cash flow from $3,556/mo rent with a $1,865/mo payment. Total monthly income totals $3,556/mo, and annual cash flow totals $10,157/yr on $126,301 capital. ROI tracks 27.95% on current figures, and rental yield reads 11.2% at a $380,999 purchase. Equity gained on principal adds $2,459/yr, and 5% annual appreciation supports $105,263 over five years. Five-year ROI reaches 147.19% and total cumulative return in cash sums $185,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,556/mo property income instead of your personal income.
Single Family
Built in 2014
1,685 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
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