405 Detering StHoustonTX77007
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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 405 Detering St, Houston, TX, 77007 priced at $859,900 converts $5,375/mo rent into after a $4,209/mo obligation. Total monthly income equals $5,375/mo. Return on cash invested prints 16.92% in year one, and rental yield reads 7.5% against a $859,900 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation compiles into $237,575 by year five. Five-year ROI reaches 88% and total cumulative return in cash sums $248,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,375/mo property income covering a $4,209/mo payment, not borrower’s personal income.
Single Family
Built in 2019
1,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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