2615 Newman StHoustonTX77098
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 2615 Newman St, Houston, TX, 77098 earns $1,148/mo cash flow from $7,541/mo rent with a $4,400/mo payment. Total monthly income totals $7,541/mo, and annual cash flow totals $13,779/yr on $295,771 capital. ROI tracks 24.72% on current figures, and rental yield reads 10.07% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash sums $383,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,541/mo property income instead of your personal income.
Single Family
Built in 2010
2,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices