1908 Wheeler StHoustonTX77004
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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 1908 Wheeler St, Houston, TX, 77004 offers $3,796/mo rent that, after a $2,325/mo payment, leaves $418/mo cash flow. Total monthly income is $3,796/mo, and annual cash flow is $5,017/yr on $157,462 cash. Return on cash invested measures 23.1% in year one, and rental yield stands at 9.59% at a $474,999 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,233 by year five. Five-year ROI records 121.16% and total cumulative return in cash reaches $190,782. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,796/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,981 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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