1609 Welch St APT BHoustonTX77006
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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 1609 Welch St APT B, Houston, TX, 77006 uses $149,175 cash to close to unlock $11,646/yr annual cash flow and $971/mo monthly cash flow. Total monthly income runs $4,171/mo, and a $2,203/mo payment keeps the spread at $971/mo. Purchase price stands at $450,000, and rental yield measures 11.12% with $4,171/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 145.92% and total cumulative return in cash records $217,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,171/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,533 sqft lot
$N/A/sqft
No 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
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