642 Delmar StHoustonTX77011
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 642 Delmar St, Houston, TX, 77011 earns from $3,942/mo rent with a $3,429/mo payment. Total monthly income totals $3,942/mo. ROI tracks 14.65% on current figures, and rental yield reads 6.75% at a $700,500 purchase. Equity gained on principal adds $4,520/yr, and 5% annual appreciation supports $193,535 over five years. Five-year ROI reaches 75.82% and total cumulative return in cash sums $174,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,942/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77011, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,200 (100%) |
| Owner Occupied HU | 2,652 (36.8%) |
| Renter Occupied HU | 3,637 (50.5%) |
| Vacant Housing Units | 911 (12.7%) |
| Median Home Value | $275,399 |
| Average Home Value | $292,701 |
Housing Distribution
Address Breakdown
Residential
7,107
Single Family
6,508
Multi-Family
599
Businesses
993
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices