4041 Drake St APT 102HoustonTX77005
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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
Rental property for sale in Houston at 4041 Drake St APT 102, Houston, TX, 77005 generates $1,511/mo in rent and, after a $682/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,511/mo, and annual cash flow is $2,826/yr on $46,211 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 13.01% on a $139,400 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,514 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash sums $64,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,511/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
1.29 Acres lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77005, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 6,906 (61.7%) |
| Renter Occupied HU | 3,500 (31.3%) |
| Vacant Housing Units | 782 ( 7.0%) |
| Median Home Value | $1,265,055 |
| Average Home Value | $1,285,274 |
Housing Distribution
Address Breakdown
Residential
10,650
Single Family
7,619
Multi-Family
3,031
Businesses
965
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