8009 Elrod StHoustonTX77017
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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 8009 Elrod St, Houston, TX, 77017 generates $1,768/mo in rent, after a $1,223/mo payment. Total monthly income is $1,768/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 8.49% on a $249,877 entry. Equity gained on principal adds $1,612/yr, while 5% annual appreciation builds toward $69,036 over five years. Five-year ROI reaches 103.42% and total cumulative return in cash sums $85,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77017, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,127 (100%) |
| Owner Occupied HU | 5,115 (46.0%) |
| Renter Occupied HU | 5,105 (45.9%) |
| Vacant Housing Units | 907 ( 8.2%) |
| Median Home Value | $205,679 |
| Average Home Value | $244,089 |
Housing Distribution
Address Breakdown
Residential
10,793
Single Family
7,223
Multi-Family
3,570
Businesses
951
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