607 W Polk St #CHoustonTX77019
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 607 W Polk St #C, Houston, TX, 77019 earns $1,881/mo cash flow from $6,322/mo rent with a $3,057/mo payment. Total monthly income totals $6,322/mo, and annual cash flow totals $22,568/yr on $205,461 capital. ROI tracks 31.04% on current figures, and rental yield reads 12.15% at a $624,500 purchase. Equity gained on principal adds $4,030/yr, and 5% annual appreciation supports $172,538 over five years. Five-year ROI reaches 163.74% and total cumulative return in cash sums $336,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,322/mo property income instead of your personal income.
Townhouse
Built in 2018
1,734 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Greer • Happen Houston
Mls Name: HAR
Mls Provider:
Mls ID: #73156037
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.