411 Westmoreland St APT 1HoustonTX77006
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
Investment property for sale in Houston at 411 Westmoreland St APT 1, Houston, TX, 77006 with 5% annual appreciation on a $133,900 basis while $1,685/mo rent supports operations. Total monthly income totals $1,685/mo and a $655/mo payment preserves $730/mo for cash returns. Annual cash flow comes to $8,762/yr on $44,388 deployed, and return on cash invested reaches 39.65% in year one. Equity gained on principal adds $864/yr, and five-year appreciation sums $36,994 alongside rental yield of 15.1%. Five-year ROI measures 210.04% and total cumulative return in cash totals $93,231.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,685/mo property income versus a $655/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1969
N/A lot
$N/A/sqft
$3 monthly 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