2800 Jeanetta St APT 409HoustonTX77063
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 2800 Jeanetta St APT 409, Houston, TX, 77063 earns $346/mo cash flow from $1,344/mo rent with a $509/mo payment. Total monthly income totals $1,344/mo, and annual cash flow totals $4,158/yr on $34,476 capital. ROI tracks 31.97% on current figures, and rental yield reads 15.51% at a $104,000 purchase. Equity gained on principal adds $671/yr, and 5% annual appreciation supports $28,733 over five years. Five-year ROI reaches 172.05% and total cumulative return in cash sums $59,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,344/mo property income instead of your personal income.
Condo
Built in 1979
8.28 Acres lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie McBride • Spirit Real Estate Group, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #31855891
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.