1402 Missouri St #BHoustonTX77006
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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 1402 Missouri St #B, Houston, TX, 77006 uses $257,344 cash to close to unlock $11,078/yr annual cash flow and $923/mo monthly cash flow. Total monthly income runs $6,485/mo, and a $3,828/mo payment keeps the spread at $923/mo. Purchase price stands at $782,200, and rental yield measures 9.95% with $6,485/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $216,107 over five years. Five-year ROI reaches 127.93% and total cumulative return in cash records $329,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,485/mo property income covering a $3,828/mo payment rather than investor’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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