201 Main St UNIT 3GHoustonTX77002
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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 201 Main St UNIT 3G, Houston, TX, 77002 generates $2,957/mo in rent and, after a $1,517/mo payment, leaves $753/mo in cash flow. Total monthly income is $2,957/mo, and annual cash flow is $9,034/yr on $102,765 invested. Return on cash invested sits at 28.7% in year one, and rental yield is 11.45% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 151.18% and total cumulative return in cash sums $155,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,957/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77002, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,022 (100%) |
| Owner Occupied HU | 1,032 ( 9.4%) |
| Renter Occupied HU | 7,847 (71.2%) |
| Vacant Housing Units | 2,143 (19.4%) |
| Median Home Value | $397,152 |
| Average Home Value | $492,078 |
Housing Distribution
Address Breakdown
Residential
8,644
Single Family
828
Multi-Family
7,816
Businesses
3,165
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