15621 Martineau StHoustonTX77032
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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
Investment property for sale in Houston at 15621 Martineau St, Houston, TX, 77032 offers a 11.26% rental yield on a $190,000 purchase with $1,783/mo rent. Total monthly income registers $1,783/mo, and a $930/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,962/yr on $62,985 to close, and return on cash invested stands at 27.79% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 146.45% and total cumulative return in cash at $92,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,783/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3,349 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77032, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,899 (100%) |
| Owner Occupied HU | 1,327 (27.1%) |
| Renter Occupied HU | 3,205 (65.4%) |
| Vacant Housing Units | 367 ( 7.5%) |
| Median Home Value | $145,637 |
| Average Home Value | $181,245 |
Housing Distribution
Address Breakdown
Residential
4,515
Single Family
2,308
Multi-Family
2,207
Businesses
1,468
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Listed by: Shelby Matthews • Bernstein Realty
Mls Name: HAR
Mls Provider:
Mls ID: #51914222
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