1601 S Shepherd Dr APT 138HoustonTX77019
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
Investment property for sale in Houston at 1601 S Shepherd Dr APT 138, Houston, TX, 77019 offers a 10.1% rental yield on a $260,800 purchase with $2,194/mo rent. 72% in year one. Equity gained on principal adds $1,683/yr while 5% annual appreciation supports $72,054 over five years. Portfolio math shows five-year ROI at 104.86% and total cumulative return in cash at $90,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $1,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1978
N/A lot
$N/A/sqft
$341 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices