3307 Broadway St #1HoustonTX77017
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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
Total monthly income runs $1,970/mo, and a $1,736/mo payment. Purchase price stands at $354,750, and rental yield measures 6.66% with $1,970/mo rent. Return on cash invested shows 14.27% in year one, and 5% annual appreciation builds toward $98,011 over five years. Five-year ROI reaches 73.83% and total cumulative return in cash records $86,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $1,736/mo payment rather than investor’s personal income.
Multi Family
Built in 1946
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77017, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,127 (100%) |
| Owner Occupied HU | 5,115 (46.0%) |
| Renter Occupied HU | 5,105 (45.9%) |
| Vacant Housing Units | 907 ( 8.2%) |
| Median Home Value | $205,679 |
| Average Home Value | $244,089 |
Housing Distribution
Address Breakdown
Residential
10,793
Single Family
7,223
Multi-Family
3,570
Businesses
951
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Listed by: Joel Rankin • J.D. Rankin and Associates
Mls Name: HAR
Mls Provider:
Mls ID: #72072166
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