798 Fair StHoustonTX77088
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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 798 Fair St, Houston, TX, 77088 uses $87,814 cash to close to unlock $2,962/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $2,131/mo, and a $1,297/mo payment keeps the spread at $247/mo. Purchase price stands at $264,900, and rental yield measures 9.65% with $2,131/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 122.15% and total cumulative return in cash records $107,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,131/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Housing Distribution
Address Breakdown
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
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Listed by: Courtney Okanlomo • Collective Realty Co.
Mls Name: HAR
Mls Provider:
Mls ID: #95740472
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