2475 Underwood St APT 378HoustonTX77030
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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 2475 Underwood St APT 378, Houston, TX, 77030 earns $975/mo cash flow from $3,198/mo rent with a $1,082/mo payment. Total monthly income totals $3,198/mo, and annual cash flow totals $11,702/yr on $73,258 capital. ROI tracks 35.88% on current figures, and rental yield reads 17.37% at a $220,990 purchase. Equity gained on principal adds $1,426/yr, and 5% annual appreciation supports $61,055 over five years. Five-year ROI reaches 193.65% and total cumulative return in cash sums $141,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,198/mo property income instead of your personal income.
Condo
Built in 1977
7.46 Acres lot
$N/A/sqft
$651 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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Listed by: Jonathan Byrnes • Call It Closed Realty
Mls Name: NTREIS
Mls ID: #20627860
Disclaimer: IDX information is provided exclusively for 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.