4619 New Orleans StHoustonTX77020
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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 4619 New Orleans St, Houston, TX, 77020 with 5% annual appreciation on a $329,000 basis while $3,437/mo rent supports operations. Total monthly income totals $3,437/mo and a $1,610/mo payment preserves $1,098/mo for cash returns. Annual cash flow comes to $13,173/yr on $109,064 deployed, and return on cash invested reaches 31.99% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 12.54%. Five-year ROI measures 168.82% and total cumulative return in cash totals $184,125.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,437/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77020, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,365 (100%) |
| Owner Occupied HU | 4,634 (44.7%) |
| Renter Occupied HU | 4,606 (44.4%) |
| Vacant Housing Units | 1,125 (10.9%) |
| Median Home Value | $166,126 |
| Average Home Value | $235,260 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,495
Multi-Family
1,140
Businesses
1,009
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Listed by: Kishana Strawn • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #98313724
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