3030 Corksie StHoustonTX77051
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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 3030 Corksie St, Houston, TX, 77051 uses $49,476 cash to close to unlock $1,286/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,169/mo, and a $731/mo payment keeps the spread at $107/mo. Purchase price stands at $149,250, and rental yield measures 9.4% with $1,169/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $41,235 over five years. Five-year ROI reaches 118.07% and total cumulative return in cash records $58,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $731/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Housing Distribution
Address Breakdown
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
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