8310 Parnell StHoustonTX77051
Nearby investment properties with comparable rents
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 8310 Parnell St, Houston, TX, 77051 offers $2,514/mo rent that, after a $2,315/mo payment. Total monthly income is $2,514/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 6.38% at a $472,900 entry. Equity gained on principal adds $3,052/yr while 5% annual appreciation compounds into $130,654 by year five. Five-year ROI records 69.19% and total cumulative return in cash reaches $108,463. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $2,315/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
5,512 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Housing Distribution
Address Breakdown
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
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Nearby investment properties with comparable prices
Listed by: Elmer Salamanca • Houston House of Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #50734196
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