1806 Prospect StHoustonTX77004
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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
Rental property for sale in Houston at 1806 Prospect St, Houston, TX, 77004 priced at $594,000 converts $5,106/mo rent into $585/mo cash flow after a $2,907/mo obligation. Total monthly income equals $5,106/mo, and annual cash flow totals $7,024/yr on $195,426 invested. Return on cash invested prints 23.65% in year one, and rental yield reads 10.32% against a $594,000 entry. Equity gained on principal adds $3,833/yr, while 5% annual appreciation compiles into $164,111 by year five. Five-year ROI reaches 124.79% and total cumulative return in cash sums $243,864. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,106/mo property income covering a $2,907/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1,637 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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Listed by: Lina Chou • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #7925778
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