1408 Enid StHoustonTX77009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1408 Enid St, Houston, TX, 77009 priced at $1,045,000 converts $2,290/mo rent into after a $5,115/mo obligation. Total monthly income equals $2,290/mo. Return on cash invested prints 2.15% in year one, and rental yield reads 2.63% against a $1,045,000 entry. Equity gained on principal adds $6,743/yr, while 5% annual appreciation compiles into $288,714 by year five. Five-year ROI reaches 8.74% and total cumulative return in cash sums $29,588. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,290/mo property income covering a $5,115/mo payment, not borrower’s personal income.
Multi Family
Built in 2025
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices