729 Merrill StHoustonTX77009
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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
Rental property for sale in Houston at 729 Merrill St, Houston, TX, 77009 priced at $935,000 pairs $3,704/mo rent with after a $4,576/mo payment. Total monthly income equals $3,704/mo. Return on cash invested is 8.57% in year one, and rental yield stands at 4.75% on a $935,000 basis. Equity gained on principal adds $6,033/yr, and 5% annual appreciation accumulates to $258,323 by year five. Five-year ROI measures 43.25% and total cumulative return in cash reaches $133,028. For financing, Ziffy Mortgage’s DSCR program evaluates $3,704/mo property income against a $4,576/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
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