606 Marshall St #A30HoustonTX77006
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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 606 Marshall St #A30, Houston, TX, 77006 priced at $112,500 converts $2,356/mo rent into $1,206/mo cash flow after a $551/mo obligation. Total monthly income equals $2,356/mo, and annual cash flow totals $14,467/yr on $37,294 invested. Return on cash invested prints 58.7% in year one, and rental yield reads 25.13% against a $112,500 entry. Equity gained on principal adds $726/yr, while 5% annual appreciation compiles into $31,082 by year five. Five-year ROI reaches 316.22% and total cumulative return in cash sums $117,928. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,356/mo property income covering a $551/mo payment, not borrower’s personal income.
Condo
Built in 1970
0.66 Acres lot
$N/A/sqft
$350 monthly 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: Shane Krantz • Texas Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #89381403
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