5239 Cornish St #BHoustonTX77007
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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 5239 Cornish St #B, Houston, TX, 77007 priced at $649,000 converts $5,034/mo rent into after a $3,177/mo obligation. Total monthly income equals $5,034/mo. Return on cash invested prints 19.66% in year one, and rental yield reads 9.31% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 103.69% and total cumulative return in cash sums $221,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,034/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2,687 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
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Listed by: Darya Kostyuk • Shannon Property Management
Mls Name: HAR
Mls Provider:
Mls ID: #69524596
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