3206 Drew StHoustonTX77004
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Nearby investment properties with comparable prices
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 3206 Drew St, Houston, TX, 77004 with 5% annual appreciation on a $359,700 basis while $3,191/mo rent supports operations. Total monthly income totals $3,191/mo and a $1,761/mo payment preserves $633/mo for cash returns. Annual cash flow comes to $7,592/yr on $119,241 deployed, and return on cash invested reaches 26.28% in year one. Equity gained on principal adds $2,321/yr, and five-year appreciation sums $99,378 alongside rental yield of 10.65%. Five-year ROI measures 138.2% and total cumulative return in cash totals $164,795.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,191/mo property income versus a $1,761/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
2,661 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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Listed by: Schon Collins-Byrd • The Kordish Group
Mls Name: HAR
Mls Provider:
Mls ID: #30036587
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