2323 W Main St UNIT 506HoustonTX77098
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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
Investment property for sale in Houston at 2323 W Main St UNIT 506, Houston, TX, 77098 earns from $2,189/mo rent with a $6,950/mo payment. Total monthly income totals $2,189/mo. ROI tracks -0.26% on current figures, and rental yield reads 1.85% at a $1,420,000 purchase. Equity gained on principal adds $9,163/yr, and 5% annual appreciation supports $392,320 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,189/mo property income instead of your personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No 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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