311 W 6th 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 311 W 6th St, Houston, TX, 77007 generates $4,867/mo in rent and, after a $3,304/mo payment, leaves $67/mo in cash flow. Total monthly income is $4,867/mo, and annual cash flow is $801/yr on $222,075 invested. Return on cash invested sits at 20.42% in year one, and rental yield is 8.65% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 106.77% and total cumulative return in cash sums $237,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,867/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
2,199 sqft 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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