406 Welch StHoustonTX77006
Nearby investment properties with comparable rents
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
Rental property for sale in Houston at 406 Welch St, Houston, TX, 77006 offers $3,821/mo rent that, after a $3,670/mo payment. Total monthly income is $3,821/mo. Return on cash invested measures 12.71% in year one, and rental yield stands at 6.11% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 65.42% and total cumulative return in cash reaches $161,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,821/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keeyan Sabz • Intero River Oaks Office
Mls Name: HAR
Mls Provider:
Mls ID: #92435737
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.