3406 Gannett St, Houston, TX, 77025 | 6.15% Rental Yield

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3406 Gannett St, Houston, TX, 77025 | 6.15% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Houston at 3406 Gannett St, Houston, TX, 77025 offers a 6.15% rental yield on a $460,000 purchase with $2,359/mo rent. 73% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 65.59% and total cumulative return in cash at $100,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

7,801 sqft lot

$N/A/sqft

No HOA

More details about the property

3406 Gannett is a light and bright home that has been updated in all the right areas while keeping much of its original charm and character. Youll enjoy the tree-lined streets of Knollwood Village and its proximity to the MEDICAL CENTER, Rice Village, Rice Univ., the museum district, the zoo, Brays Trail, downtown and more! The floor plan allows for a seamless transition between the living and dining areas making it easy to gather with family and friends. The kitchen has been updated with quartz counters, a gorgeous backsplash, and stainless-steel appliances. The original primary suite was extended to create a new bathroom and two new closets. Real hardwood floors-no carpet! Spend time outdoors on the huge front porch and in the large backyard with a pavestone patio. The converted garage adds a great additional living space and a 3rd full bathroom to the property! The extra space can function as guest quarters, a game room, office, gym and more! Zoned to Bellaire HS. NEVER FLOODED!

Neighborhood Data

Neighborhood data shown for ZIP Code: 77025, Houston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,825 (100%)
Owner Occupied HU	5,713 (34.0%)
Renter Occupied HU	8,672 (51.5%)
Vacant Housing Units	2,440 (14.5%)
Median Home Value	$560,714
Average Home Value	$703,232