1621 Wellington StHoustonTX77093
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 1621 Wellington St, Houston, TX, 77093 at $528,888 posts ROI 8.98% with from $2,154/mo rent. Total monthly income equals $2,154/mo. Return on cash invested measures 8.98% and rental yield reads 4.89% at the current $528,888. Equity gained on principal adds $3,413/yr, and 5% annual appreciation supports $146,122 by year five. Five-year ROI prints 45.4% and total cumulative return in cash totals $78,989. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,154/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2024
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77093, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,431 (100%) |
| Owner Occupied HU | 7,623 (52.8%) |
| Renter Occupied HU | 5,858 (40.6%) |
| Vacant Housing Units | 950 ( 6.6%) |
| Median Home Value | $154,294 |
| Average Home Value | $213,061 |
Housing Distribution
Address Breakdown
Residential
13,925
Single Family
12,571
Multi-Family
1,354
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosa Gonzalez • REALM Real Estate Professionals - North Houston
Mls Name: HAR
Mls Provider:
Mls ID: #83820769
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.