2843 Rusk StHoustonTX77003
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 2843 Rusk St, Houston, TX, 77003 uses $162,104 cash to close to unlock $2,269/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $3,666/mo, and a $2,393/mo payment keeps the spread at $189/mo. Purchase price stands at $489,000, and rental yield measures 9% with $3,666/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash records $180,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,666/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2013
1,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices