1309 Bingham St UNIT AHoustonTX77007
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 1309 Bingham St UNIT A, Houston, TX, 77007 at $445,000 posts ROI 26.18% with $771/mo cash flow from $4,024/mo rent. Total monthly income equals $4,024/mo, and annual cash flow records $9,255/yr on $147,518 to close. Return on cash invested measures 26.18% and rental yield reads 10.85% at the current $445,000. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 by year five. Five-year ROI prints 137.98% and total cumulative return in cash totals $203,540.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2008
1,849 sqft lot
$N/A/sqft
$700 annually 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
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Listed by: Isabel Lopez • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #53194792
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