412 Owens StHoustonTX77029
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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 412 Owens St, Houston, TX, 77029 at $149,000 posts ROI 23.28% with $139/mo cash flow from $1,198/mo rent. Total monthly income equals $1,198/mo, and annual cash flow records $1,665/yr on $49,394 to close. Return on cash invested measures 23.28% and rental yield reads 9.65% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 122.14% and total cumulative return in cash totals $60,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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