710 Bering Dr APT CHoustonTX77057
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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 710 Bering Dr APT C, Houston, TX, 77057 offers $1,884/mo rent that, after a $753/mo payment, leaves $790/mo cash flow. Total monthly income is $1,884/mo, and annual cash flow is $9,481/yr on $50,985 cash. Return on cash invested measures 38.5% in year one, and rental yield stands at 14.7% at a $153,800 entry. Equity gained on principal adds $992/yr while 5% annual appreciation compounds into $42,492 by year five. Five-year ROI records 203.87% and total cumulative return in cash reaches $103,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,884/mo property income versus a $753/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
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