1406 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
Rental property for sale in Houston at 1406 Althea Dr, Houston, TX, 77018 priced at $1,774,000 pairs $18,755/mo rent with $6,140/mo cash flow after a $8,683/mo payment. Total monthly income equals $18,755/mo, and annual cash flow comes to $73,676/yr on $574,776 invested. Return on cash invested is 33.19% in year one, and rental yield stands at 12.69% on a $1,774,000 basis. Equity gained on principal adds $11,447/yr, and 5% annual appreciation accumulates to $490,123 by year five. Five-year ROI measures 175.19% and total cumulative return in cash reaches $1,006,940. For financing, Ziffy Mortgage’s DSCR program evaluates $18,755/mo property income against a $8,683/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
7,440 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: Michael Silva • Happen Houston
Mls Name: HAR
Mls Provider:
Mls ID: #13233381
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