159 White Cedar StHoustonTX77015
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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 159 White Cedar St, Houston, TX, 77015 priced at $223,000 pairs $1,956/mo rent with $350/mo cash flow after a $1,091/mo payment. Total monthly income equals $1,956/mo, and annual cash flow comes to $4,196/yr on $73,925 invested. Return on cash invested is 25.59% in year one, and rental yield stands at 10.53% on a $223,000 basis. Equity gained on principal adds $1,439/yr, and 5% annual appreciation accumulates to $61,611 by year five. Five-year ROI measures 134.63% and total cumulative return in cash reaches $99,521. For financing, Ziffy Mortgage’s DSCR program evaluates $1,956/mo property income against a $1,091/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
8,102 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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