58 Evanston St #1/4HoustonTX77015
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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 58 Evanston St #1/4, Houston, TX, 77015 priced at $130,000 converts $1,004/mo rent into after a $636/mo obligation. Total monthly income equals $1,004/mo. Return on cash invested prints 10.99% in year one, and rental yield reads 9.27% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 60.29% and total cumulative return in cash sums $25,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,004/mo property income covering a $636/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
1,166 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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Listed by: Booker Terrell • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #62581904
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