2407 Del Norte StHoustonTX77018
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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
Rental property for sale in Houston at 2407 Del Norte St, Houston, TX, 77018 generates $3,438/mo in rent and, after a $1,982/mo payment, leaves $321/mo in cash flow. Total monthly income is $3,438/mo, and annual cash flow is $3,853/yr on $134,258 invested. Return on cash invested sits at 22.78% in year one, and rental yield is 10.19% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash sums $161,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,319 sqft lot
$N/A/sqft
$6 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
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