1400 Hermann Dr UNIT 6DHoustonTX77004
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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
Rental property for sale in Houston at 1400 Hermann Dr UNIT 6D, Houston, TX, 77004 priced at $169,995 pairs $3,271/mo rent with $759/mo cash flow after a $832/mo payment. Total monthly income equals $3,271/mo, and annual cash flow comes to $9,106/yr on $56,353 invested. Return on cash invested is 36.07% in year one, and rental yield stands at 23.09% on a $169,995 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,966 by year five. Five-year ROI measures 200.78% and total cumulative return in cash reaches $113,144. For financing, Ziffy Mortgage’s DSCR program evaluates $3,271/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1957
N/A lot
$N/A/sqft
$1,274 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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Listed by: Allison Grover • Homes Central Real Estate, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #19949372
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