2405 Richton StHoustonTX77098
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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 2405 Richton St, Houston, TX, 77098 offers a 10.94% rental yield on a $765,000 purchase with $6,972/mo rent. Total monthly income registers $6,972/mo, and a $3,744/mo payment leaves $1,532/mo available for distribution. Annual cash flow reaches $18,387/yr on $251,685 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,355 over five years. Portfolio math shows five-year ROI at 144.03% and total cumulative return in cash at $362,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,972/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1,807 sqft 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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