150 Gruss DrHoustonTX77060
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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 150 Gruss Dr, Houston, TX, 77060 priced at $199,900 pairs $1,943/mo rent with $522/mo cash flow after a $978/mo payment. Total monthly income equals $1,943/mo, and annual cash flow comes to $6,263/yr on $66,267 invested. Return on cash invested is 29.36% in year one, and rental yield stands at 11.66% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 154.72% and total cumulative return in cash reaches $102,529. For financing, Ziffy Mortgage’s DSCR program evaluates $1,943/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
9,121 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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