515 Arlington StHoustonTX77007
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 Houston at 515 Arlington St, Houston, TX, 77007 offers $6,126/mo rent that, after a $7,391/mo payment. Total monthly income is $6,126/mo. Return on cash invested measures 9.06% in year one, and rental yield stands at 4.87% at a $1,510,000 entry. Equity gained on principal adds $9,744/yr while 5% annual appreciation compounds into $417,185 by year five. Five-year ROI records 45.79% and total cumulative return in cash reaches $223,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,126/mo property income versus a $7,391/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices