1726 Locksford StHoustonTX77008
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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 1726 Locksford St, Houston, TX, 77008 priced at $1,100,000 converts $8,058/mo rent into $89/mo cash flow after a $5,384/mo obligation. Total monthly income equals $8,058/mo, and annual cash flow totals $1,068/yr on $356,400 invested. Return on cash invested prints 20.67% in year one, and rental yield reads 8.79% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 108.23% and total cumulative return in cash sums $385,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,058/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,008 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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Listed by: Mark Brawley • Norhill Realty
Mls Name: HAR
Mls Provider:
Mls ID: #42372748
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