6302 1st StBellaireTX77401
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 Bellaire at 6302 1st St, Bellaire, TX, 77401 offers a 10.15% rental yield on a $335,000 purchase with $2,833/mo rent. Total monthly income registers $2,833/mo, and a $1,640/mo payment leaves $450/mo available for distribution. Annual cash flow reaches $5,405/yr on $111,053 to close, and return on cash invested stands at 24.78% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $144,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,833/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1973
2,313 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77401, Bellaire, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,199 (100%) |
| Owner Occupied HU | 5,133 (82.8%) |
| Renter Occupied HU | 674 (10.9%) |
| Vacant Housing Units | 392 ( 6.3%) |
| Median Home Value | $939,765 |
| Average Home Value | $1,024,679 |
Housing Distribution
Address Breakdown
Residential
6,179
Single Family
5,986
Multi-Family
193
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices