515 Kress 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 515 Kress St, Houston, TX, 77020 uses $48,034 cash to close to unlock $6,046/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $1,534/mo, and a $709/mo payment keeps the spread at $504/mo. Purchase price stands at $144,900, and rental yield measures 12.7% with $1,534/mo rent. Return on cash invested shows 32.49% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 171.55% and total cumulative return in cash records $82,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,229 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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