1601 S Shepherd Dr APT 222HoustonTX77019
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 222, Houston, TX, 77019 uses $83,704 cash to close to unlock $5,223/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $2,231/mo, and a $1,236/mo payment keeps the spread at $435/mo. Purchase price stands at $252,500, and rental yield measures 10.6% with $2,231/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 137.56% and total cumulative return in cash records $115,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,231/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Condo
Built in 1978
7.89 Acres lot
$N/A/sqft
No 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