7846 Santa Elena StHoustonTX77061
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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 7846 Santa Elena St, Houston, TX, 77061 listed at $650,000 pairs $6,248/mo rent with a $3,181/mo payment to leave $1,560/mo cash flow. Total monthly income runs $6,248/mo, and annual cash flow reaches $18,722/yr on $213,850 cash to close. Return on cash invested measures 28.81% in year one, and rental yield registers 11.53% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 151.94% and total cumulative return in cash totals $324,914. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,248/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77061, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,747 (100%) |
| Owner Occupied HU | 3,350 (34.4%) |
| Renter Occupied HU | 5,233 (53.7%) |
| Vacant Housing Units | 1,164 (11.9%) |
| Median Home Value | $263,720 |
| Average Home Value | $319,527 |
Housing Distribution
Address Breakdown
Residential
9,088
Single Family
3,874
Multi-Family
5,214
Businesses
901
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Listed by: Tricia Turner • Realty Of America, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #88705805
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