2418 Morse StHoustonTX77019
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
Rental property for sale in Houston at 2418 Morse St, Houston, TX, 77019 offers $6,239/mo rent that, after a $4,992/mo payment. Total monthly income is $6,239/mo. Return on cash invested measures 16.69% in year one, and rental yield stands at 7.34% at a $1,019,900 entry. Equity gained on principal adds $6,581/yr while 5% annual appreciation compounds into $281,780 by year five. Five-year ROI records 86.71% and total cumulative return in cash reaches $286,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,239/mo property income versus a $4,992/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
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Nearby investment properties with comparable prices
Listed by: Blake Vincent • DUX Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #48571218
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