5353 Institute Ln APT 12HoustonTX77005
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
Investment property for sale in Houston at 5353 Institute Ln APT 12, Houston, TX, 77005 offers a 7.37% rental yield on a $250,000 purchase with $1,536/mo rent. 17% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 34.07% and total cumulative return in cash at $28,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
1.22 Acres lot
$N/A/sqft
$707 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77005, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 6,906 (61.7%) |
| Renter Occupied HU | 3,500 (31.3%) |
| Vacant Housing Units | 782 ( 7.0%) |
| Median Home Value | $1,265,055 |
| Average Home Value | $1,285,274 |
Housing Distribution
Address Breakdown
Residential
10,650
Single Family
7,619
Multi-Family
3,031
Businesses
965
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Nearby investment properties with comparable prices
Listed by: Kathy Richardson • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #86282833
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