3615 Manitou DrHoustonTX77013
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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 3615 Manitou Dr, Houston, TX, 77013 offers a 17.97% rental yield on a $163,340 purchase with $2,446/mo rent. Total monthly income registers $2,446/mo, and a $799/mo payment leaves $1,285/mo available for distribution. Annual cash flow reaches $15,419/yr on $54,147 to close, and return on cash invested stands at 48.39% in year one. Equity gained on principal adds $1,054/yr while 5% annual appreciation supports $45,128 over five years. Portfolio math shows five-year ROI at 256.76% and total cumulative return in cash at $139,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,446/mo property income against a $799/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
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