516 Peden StHoustonTX77006
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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
Rental property for sale in Houston at 516 Peden St, Houston, TX, 77006 generates $4,418/mo in rent, after a $3,084/mo payment. Total monthly income is $4,418/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 8.42% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 102.91% and total cumulative return in cash sums $213,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,418/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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Listed by: Matt Harpalani • Apex Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #78159837
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