813 Fortune StHoustonTX77088
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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 813 Fortune St, Houston, TX, 77088 offers $2,537/mo rent that, after a $1,738/mo payment, leaves $12/mo cash flow. Total monthly income is $2,537/mo, and annual cash flow is $145/yr on $117,683 cash. Return on cash invested measures 20.03% in year one, and rental yield stands at 8.58% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 104.75% and total cumulative return in cash reaches $123,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,537/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,825 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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