412 8th StSouth HoustonTX77587
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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 South Houston at 412 8th St, South Houston, TX, 77587 with 5% annual appreciation on a $545,000 basis while $1,345/mo rent supports operations. 12% in year one. Equity gained on principal adds $3,517/yr, and five-year appreciation sums $150,573 alongside rental yield of 2.96%. Five-year ROI measures 13.99% and total cumulative return in cash totals $25,092. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,345/mo property income versus a $2,668/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1945
7,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77587, South Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,305 (100%) |
| Owner Occupied HU | 2,708 (51.0%) |
| Renter Occupied HU | 2,214 (41.7%) |
| Vacant Housing Units | 383 ( 7.2%) |
| Median Home Value | $220,896 |
| Average Home Value | $255,766 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
3,965
Multi-Family
1,151
Businesses
966
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Nearby investment properties with comparable prices
Listed by: Kate Myhan • JPAR - The Sears Group
Mls Name: HAR
Mls Provider:
Mls ID: #29448437
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