3051 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 3051 Hicks St, Houston, TX, 77007 uses $160,678 cash to close to unlock $2,353/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $3,780/mo, and a $2,372/mo payment keeps the spread at $196/mo. Purchase price stands at $484,700, and rental yield measures 9.36% with $3,780/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $133,914 over five years. Five-year ROI reaches 112.3% and total cumulative return in cash records $180,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,780/mo property income covering a $2,372/mo payment rather than investor’s personal income.
Single Family
Built in 2025
1,489 sqft lot
$N/A/sqft
$1,650 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: #39881583
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