3104 Alabama CtHoustonTX77027
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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 3104 Alabama Ct, Houston, TX, 77027 priced at $1,249,000 pairs $9,167/mo rent with $285/mo cash flow after a $6,113/mo payment. Total monthly income equals $9,167/mo, and annual cash flow comes to $3,425/yr on $404,676 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 8.81% on a $1,249,000 basis. Equity gained on principal adds $8,060/yr, and 5% annual appreciation accumulates to $345,076 by year five. Five-year ROI measures 111% and total cumulative return in cash reaches $449,171. For financing, Ziffy Mortgage’s DSCR program evaluates $9,167/mo property income against a $6,113/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
4,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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Listed by: Howard Cordray • Cordray, P.C.
Mls Name: HAR
Mls Provider:
Mls ID: #35199748
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