611 Salma CtHoustonTX77073
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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 611 Salma Ct, Houston, TX, 77073 priced at $282,000 pairs $4,168/mo rent with $2,109/mo cash flow after a $1,380/mo payment. Total monthly income equals $4,168/mo, and annual cash flow comes to $25,305/yr on $93,483 invested. Return on cash invested is 46.98% in year one, and rental yield stands at 17.74% on a $282,000 basis. Equity gained on principal adds $1,820/yr, and 5% annual appreciation accumulates to $77,911 by year five. Five-year ROI measures 249.47% and total cumulative return in cash reaches $233,209. For financing, Ziffy Mortgage’s DSCR program evaluates $4,168/mo property income against a $1,380/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
6,398 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77073, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,781 (100%) |
| Owner Occupied HU | 8,928 (53.2%) |
| Renter Occupied HU | 6,564 (39.1%) |
| Vacant Housing Units | 1,289 ( 7.7%) |
| Median Home Value | $211,779 |
| Average Home Value | $253,934 |
Housing Distribution
Address Breakdown
Residential
14,839
Single Family
11,089
Multi-Family
3,750
Businesses
810
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Listed by: Adriana Sandoval • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #10215083
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