3022 Drew StHoustonTX77004
Nearby investment properties with comparable rents
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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
Rental property for sale in Houston at 3022 Drew St, Houston, TX, 77004 offers $3,680/mo rent that, after a $1,835/mo payment, leaves $1,014/mo cash flow. Total monthly income is $3,680/mo, and annual cash flow is $12,165/yr on $124,313 cash. Return on cash invested measures 29.69% in year one, and rental yield stands at 11.78% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 156.53% and total cumulative return in cash reaches $194,583. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,680/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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Listed by: Shanee Dunbar • Braden Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #45844971
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