3033 Hicks 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
Investment property for sale in Houston at 3033 Hicks St, Houston, TX, 77007 uses $180,851 cash to close to unlock $34,122/yr annual cash flow and $2,844/mo monthly cash flow. Total monthly income runs $6,853/mo, and a $2,691/mo payment keeps the spread at $2,844/mo. Purchase price stands at $549,700, and rental yield measures 14.96% with $6,853/mo rent. Return on cash invested shows 38.93% in year one, and 5% annual appreciation builds toward $151,872 over five years. Five-year ROI reaches 206.26% and total cumulative return in cash records $373,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,853/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1,331 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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Listed by: Michael Afshari • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #20069547
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