3100 Jeanetta St APT 408HoustonTX77063
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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 3100 Jeanetta St APT 408, Houston, TX, 77063 uses $35,868 cash to close to unlock $4,898/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,666/mo, and a $530/mo payment keeps the spread at $408/mo. Purchase price stands at $108,200, and rental yield measures 18.48% with $1,666/mo rent. Return on cash invested shows 33.56% in year one, and 5% annual appreciation builds toward $29,894 over five years. Five-year ROI reaches 183.33% and total cumulative return in cash records $65,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $530/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$420 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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