1508 Hopper Rd #1HoustonTX77093
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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 1508 Hopper Rd #1, Houston, TX, 77093 generates $1,820/mo in rent, after a $2,398/mo payment. Total monthly income is $1,820/mo. Return on cash invested sits at 7.61% in year one, and rental yield is 4.46% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 38.12% and total cumulative return in cash sums $61,920. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,820/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77093, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,431 (100%) |
| Owner Occupied HU | 7,623 (52.8%) |
| Renter Occupied HU | 5,858 (40.6%) |
| Vacant Housing Units | 950 ( 6.6%) |
| Median Home Value | $154,294 |
| Average Home Value | $213,061 |
Housing Distribution
Address Breakdown
Residential
13,925
Single Family
12,571
Multi-Family
1,354
Businesses
1,296
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Listed by: Ana Latigo • Mildred Holeman Realty
Mls Name: HAR
Mls Provider:
Mls ID: #54287410
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