3418 Memel StHoustonTX77026
Nearby investment properties with comparable rents
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
Rental property for sale in Houston at 3418 Memel St, Houston, TX, 77026 generates $1,712/mo in rent and, after a $1,019/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,712/mo, and annual cash flow is $2,779/yr on $69,005 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 9.87% on a $208,159 entry. Equity gained on principal adds $1,343/yr, while 5% annual appreciation builds toward $57,510 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash sums $86,725. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,712/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
7,562 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77026, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 3,624 (37.3%) |
| Renter Occupied HU | 4,966 (51.1%) |
| Vacant Housing Units | 1,120 (11.5%) |
| Median Home Value | $101,316 |
| Average Home Value | $165,168 |
Housing Distribution
Address Breakdown
Residential
8,695
Single Family
7,879
Multi-Family
816
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices