1620 Paul Quinn StHoustonTX77091
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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 1620 Paul Quinn St, Houston, TX, 77091 priced at $880,000 converts $1,222/mo rent into after a $4,307/mo obligation. Total monthly income equals $1,222/mo. Return on cash invested prints -2.72% in year one, and rental yield reads 1.67% against a $880,000 entry. Equity gained on principal adds $5,679/yr, while 5% annual appreciation compiles into $243,128 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,222/mo property income covering a $4,307/mo payment, not borrower’s personal income.
Single Family
Built in 1940
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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Listed by: Natasha Guillory • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #20073484
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