2415 Commonwealth StHoustonTX77006
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 2415 Commonwealth St, Houston, TX, 77006 with 5% annual appreciation on a $660,000 basis while $5,801/mo rent supports operations. Total monthly income totals $5,801/mo and a $3,230/mo payment preserves $900/mo for cash returns. Annual cash flow comes to $10,796/yr on $217,140 deployed, and return on cash invested reaches 25.03% in year one. Equity gained on principal adds $4,259/yr, and five-year appreciation sums $182,346 alongside rental yield of 10.55%. Five-year ROI measures 131.92% and total cumulative return in cash totals $286,449.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,801/mo property income versus a $3,230/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2011
1,400 sqft lot
$N/A/sqft
$2,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Vanderbrouk • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #89032618
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.