1348 Althea DrHoustonTX77018
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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 1348 Althea Dr, Houston, TX, 77018 listed at $774,000 pairs $3,737/mo rent with a $3,788/mo payment. Total monthly income runs $3,737/mo. Return on cash invested measures 11.73% in year one, and rental yield registers 5.79% at a $774,000 basis. Equity gained on principal adds $4,995/yr, and annual property appreciation at 5% supports $213,842 by year five. Five-year ROI tracks 60.2% and total cumulative return in cash totals $153,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,737/mo property income relative to a $3,788/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
7,261 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Paige Willingham • Del Monte Realty
Mls Name: HAR
Mls Provider:
Mls ID: #68947983
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