1948 Purswell StHoustonTX77055
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 1948 Purswell St, Houston, TX, 77055 at $490,000 posts ROI 28.88% with $1,215/mo cash flow from $4,782/mo rent. Total monthly income equals $4,782/mo, and annual cash flow records $14,579/yr on $162,435 to close. Return on cash invested measures 28.88% and rental yield reads 11.71% at the current $490,000. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 by year five. Five-year ROI prints 152.39% and total cumulative return in cash totals $247,536.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,782/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
1,575 sqft lot
$N/A/sqft
$995 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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Listed by: Michael Stavinoha • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #54080317
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