511 Minnesota 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 511 Minnesota St, South Houston, TX, 77587 uses $79,560 cash to close to unlock $576/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,755/mo, and a $1,175/mo payment keeps the spread at $48/mo. Purchase price stands at $240,000, and rental yield measures 8.77% with $1,755/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 107.92% and total cumulative return in cash records $85,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,755/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1977
7,100 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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Listed by: Adriana Ontiveros • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #82470077
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