1518 Vassar StHoustonTX77006
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 1518 Vassar St, Houston, TX, 77006 priced at $1,315,000 pairs $5,019/mo rent with after a $6,436/mo payment. Total monthly income equals $5,019/mo. Return on cash invested is 8.13% in year one, and rental yield stands at 4.58% on a $1,315,000 basis. Equity gained on principal adds $8,485/yr, and 5% annual appreciation accumulates to $363,310 by year five. Five-year ROI measures 40.85% and total cumulative return in cash reaches $174,045. For financing, Ziffy Mortgage’s DSCR program evaluates $5,019/mo property income against a $6,436/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
6,398 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc Allen Ziegler • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #70412114
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.