188 Harvard StHoustonTX77007
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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 188 Harvard St, Houston, TX, 77007 offers $4,183/mo rent that, after a $2,589/mo payment, leaves $252/mo cash flow. Total monthly income is $4,183/mo, and annual cash flow is $3,029/yr on $174,041 cash. Return on cash invested measures 21.8% in year one, and rental yield stands at 9.49% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 114.6% and total cumulative return in cash reaches $199,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,183/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
2,674 sqft lot
$N/A/sqft
$169 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Sydney LaPlante • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #49947676
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