2323 W Main St #403HoustonTX77098
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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
Total monthly income runs $4,295/mo, and a $3,891/mo payment. Purchase price stands at $795,000, and rental yield measures 6.48% with $4,295/mo rent. Return on cash invested shows 7.56% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 40.08% and total cumulative return in cash records $104,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,295/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
$1,140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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Listed by: Stephanie Aron-Weiss • Douglas Elliman Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #56004454
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