2117 Russell StHoustonTX77026
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
Rental property for sale in Houston at 2117 Russell St, Houston, TX, 77026 generates $1,777/mo in rent and, after a $528/mo payment, leaves $1,010/mo in cash flow. Total monthly income is $1,777/mo, and annual cash flow is $12,118/yr on $35,769 invested. Return on cash invested sits at 53.79% in year one, and rental yield is 19.76% on a $107,900 entry. Equity gained on principal adds $696/yr, while 5% annual appreciation builds toward $29,811 over five years. Five-year ROI reaches 285.74% and total cumulative return in cash sums $102,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77026, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 3,624 (37.3%) |
| Renter Occupied HU | 4,966 (51.1%) |
| Vacant Housing Units | 1,120 (11.5%) |
| Median Home Value | $101,316 |
| Average Home Value | $165,168 |
Housing Distribution
Address Breakdown
Residential
8,695
Single Family
7,879
Multi-Family
816
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elmer Salamanca • Houston House of Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #81975360
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.