602 Indiana StSouth HoustonTX77587
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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 South Houston at 602 Indiana St, South Houston, TX, 77587 earns $257/mo cash flow from $1,750/mo rent with a $1,028/mo payment. Total monthly income totals $1,750/mo, and annual cash flow totals $3,078/yr on $69,615 capital. ROI tracks 24.33% on current figures, and rental yield reads 10% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 127.79% and total cumulative return in cash sums $88,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Single Family
Built in 1970
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77587, South Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,305 (100%) |
| Owner Occupied HU | 2,708 (51.0%) |
| Renter Occupied HU | 2,214 (41.7%) |
| Vacant Housing Units | 383 ( 7.2%) |
| Median Home Value | $220,896 |
| Average Home Value | $255,766 |
Housing Distribution
Address Breakdown
Residential
5,116
Single Family
3,965
Multi-Family
1,151
Businesses
966
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Listed by: Maricela Venegas • Monarch & Co
Mls Name: HAR
Mls ID: #31161041