4040 San Felipe St APT 246HoustonTX77027
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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
Investment property for sale in Houston at 4040 San Felipe St APT 246, Houston, TX, 77027 uses $56,007 cash to close to unlock $138/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $827/mo payment keeps the spread at $12/mo. Purchase price stands at $168,950, and rental yield measures 12.95% with $1,823/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $46,678 over five years. Five-year ROI reaches 110.16% and total cumulative return in cash records $61,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $827/mo payment rather than investor’s personal income.
Condo
Built in 1956
5.78 Acres lot
$N/A/sqft
$610 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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Listed by: Terry Cominsky • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #25394195
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