2119 Althea DrHoustonTX77018
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 2119 Althea Dr, Houston, TX, 77018 earns $677/mo cash flow from $3,188/mo rent with a $1,726/mo payment. Total monthly income totals $3,188/mo, and annual cash flow totals $8,129/yr on $116,887 capital. ROI tracks 26.86% on current figures, and rental yield reads 10.85% at a $352,600 purchase. Equity gained on principal adds $2,275/yr, and 5% annual appreciation supports $97,417 over five years. Five-year ROI reaches 141.38% and total cumulative return in cash sums $165,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,188/mo property income instead of your personal income.
Single Family
Built in 1960
7,013 sqft lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices