4041 Law St APT 603HoustonTX77005
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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 4041 Law St APT 603, Houston, TX, 77005 uses $59,239 cash to close to unlock $1,860/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $1,549/mo, and a $875/mo payment keeps the spread at $155/mo. Purchase price stands at $178,700, and rental yield measures 10.4% with $1,549/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $49,372 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash records $72,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $875/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$80 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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