3083 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
Rental property for sale in Houston at 3083 Hicks St, Houston, TX, 77007 generates $3,833/mo in rent and, after a $2,421/mo payment, leaves $315/mo in cash flow. Total monthly income is $3,833/mo, and annual cash flow is $3,785/yr on $163,993 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 9.3% on a $494,700 entry. Equity gained on principal adds $3,192/yr, while 5% annual appreciation builds toward $136,676 over five years. Five-year ROI reaches 116.43% and total cumulative return in cash sums $190,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,833/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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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