1803 Mills StHoustonTX77026
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 1803 Mills St, Houston, TX, 77026 uses $159,747 cash to close to unlock $3,171/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $3,791/mo, and a $2,359/mo payment keeps the spread at $264/mo. Purchase price stands at $481,890, and rental yield measures 9.44% with $3,791/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $133,137 over five years. Five-year ROI reaches 114.98% and total cumulative return in cash records $183,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,791/mo property income covering a $2,359/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2,413 sqft lot
$N/A/sqft
$1,195 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77026, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 3,624 (37.3%) |
| Renter Occupied HU | 4,966 (51.1%) |
| Vacant Housing Units | 1,120 (11.5%) |
| Median Home Value | $101,316 |
| Average Home Value | $165,168 |
Housing Distribution
Address Breakdown
Residential
8,695
Single Family
7,879
Multi-Family
816
Businesses
603
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Listed by: Bryan Vanas • Happen Houston
Mls Name: HAR
Mls Provider:
Mls ID: #25466548
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