501 N Houston StShamrockTX79079
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
Rental property for sale in Shamrock at 501 N Houston St, Shamrock, TX, 79079 generates $1,588/mo in rent, after a $1,101/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 19.72% in year one, and rental yield is 8.47% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 103.09% and total cumulative return in cash sums $76,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79079, Shamrock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,354 (100%) |
| Owner Occupied HU | 806 (59.5%) |
| Renter Occupied HU | 218 (16.1%) |
| Vacant Housing Units | 330 (24.4%) |
| Median Home Value | $100,481 |
| Average Home Value | $129,997 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,023
Multi-Family
7
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices