621 E 13th 1/2 StHoustonTX77008
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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 Houston at 621 E 13th 1/2 St, Houston, TX, 77008 earns $694/mo cash flow from $6,205/mo rent with a $3,793/mo payment. Total monthly income totals $6,205/mo, and annual cash flow totals $8,329/yr on $254,975 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.61% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash sums $312,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,205/mo property income instead of your personal income.
Single Family
Built in 1910
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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Listed by: Courtney Peters • Courtney Lane Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #39784860
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