5136 Leeland StHoustonTX77023
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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 5136 Leeland St, Houston, TX, 77023 listed at $275,000 pairs $2,080/mo rent with a $1,346/mo payment to leave $124/mo cash flow. Total monthly income runs $2,080/mo, and annual cash flow reaches $1,493/yr on $91,163 cash to close. Return on cash invested measures 21.55% in year one, and rental yield registers 9.08% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 112.86% and total cumulative return in cash totals $102,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,080/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77023, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,449 (100%) |
| Owner Occupied HU | 4,708 (41.1%) |
| Renter Occupied HU | 5,593 (48.9%) |
| Vacant Housing Units | 1,148 (10.0%) |
| Median Home Value | $327,051 |
| Average Home Value | $347,036 |
Housing Distribution
Address Breakdown
Residential
10,991
Single Family
8,014
Multi-Family
2,977
Businesses
945
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Listed by: Randall Custer • Better Homes and Gardens Real Estate Gary Greene - West Gray
Mls Name: HAR
Mls Provider:
Mls ID: #26970463
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