3031 Hicks StHoustonTX77007
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 3031 Hicks St, Houston, TX, 77007 at $489,700 posts ROI 21.94% with $275/mo cash flow from $3,857/mo rent. Total monthly income equals $3,857/mo, and annual cash flow records $3,294/yr on $162,336 to close. Return on cash invested measures 21.94% and rental yield reads 9.45% at the current $489,700. Equity gained on principal adds $3,160/yr, and 5% annual appreciation supports $135,295 by year five. Five-year ROI prints 115.21% and total cumulative return in cash totals $187,022.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,857/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
1,255 sqft lot
$N/A/sqft
$1,200 annually 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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Nearby investment properties with comparable prices
Listed by: Michael Afshari • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #47297112
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