442 Harvey StMiamiTX79059
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 Miami at 442 Harvey St, Miami, TX, 79059 uses $37,791 cash to close to unlock $160/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $824/mo, and a $558/mo payment keeps the spread at $13/mo. Purchase price stands at $114,000, and rental yield measures 8.67% with $824/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 106.46% and total cumulative return in cash records $40,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $558/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79059, Miami, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 291 (67.7%) |
| Renter Occupied HU | 55 (12.8%) |
| Vacant Housing Units | 84 (19.5%) |
| Median Home Value | $261,719 |
| Average Home Value | $299,012 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
175
Multi-Family
2
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices