2829 Mierianne StHoustonTX77093
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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 2829 Mierianne St, Houston, TX, 77093 uses $42,760 cash to close to unlock $685/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $974/mo, and a $631/mo payment keeps the spread at $57/mo. Purchase price stands at $128,990, and rental yield measures 9.06% with $974/mo rent. Return on cash invested shows 21.51% in year one, and 5% annual appreciation builds toward $35,638 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash records $48,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $974/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77093, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,431 (100%) |
| Owner Occupied HU | 7,623 (52.8%) |
| Renter Occupied HU | 5,858 (40.6%) |
| Vacant Housing Units | 950 ( 6.6%) |
| Median Home Value | $154,294 |
| Average Home Value | $213,061 |
Housing Distribution
Address Breakdown
Residential
13,925
Single Family
12,571
Multi-Family
1,354
Businesses
1,296
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Listed by: Isairis Lozano • Jason Mitchell Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #47942329
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