303 Snover StHoustonTX77007
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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 303 Snover St, Houston, TX, 77007 priced at $605,000 pairs $6,508/mo rent with $2,206/mo cash flow after a $2,961/mo payment. Total monthly income equals $6,508/mo, and annual cash flow comes to $26,471/yr on $199,045 invested. Return on cash invested is 33.36% in year one, and rental yield stands at 12.91% on a $605,000 basis. Equity gained on principal adds $3,904/yr, and 5% annual appreciation accumulates to $167,150 by year five. Five-year ROI measures 176.15% and total cumulative return in cash reaches $350,626. For financing, Ziffy Mortgage’s DSCR program evaluates $6,508/mo property income against a $2,961/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
1,951 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Malika Shelton • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #52439227
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