








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Houston at 1405 Indiana St #B, Houston, TX, 77006 offers a 8.59% rental yield on a $749,900 purchase with $5,370/mo rent. Total monthly income registers $5,370/mo, and a $3,670/mo payment leaves $38/mo available for distribution. Annual cash flow reaches $453/yr on $246,717 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,184 over five years. Portfolio math shows five-year ROI at 105.82% and total cumulative return in cash at $261,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,370/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1,768 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
| 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 |
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Vikas Abbasi • LPT Realty, LLC
Mls Name: HAR
Mls ID: #78091116