845 Augusta Dr #40HoustonTX77057
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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 845 Augusta Dr #40, Houston, TX, 77057 listed at $121,000 pairs $1,026/mo rent with a $592/mo payment. Total monthly income runs $1,026/mo. Return on cash invested measures 12.72% in year one, and rental yield registers 10.18% at a $121,000 basis. Equity gained on principal adds $781/yr, and annual property appreciation at 5% supports $33,430 by year five. Five-year ROI tracks 69.94% and total cumulative return in cash totals $28,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,026/mo property income relative to a $592/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
2.97 Acres lot
$N/A/sqft
$366 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
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Listed by: Kathy Emery • Executive Real Estate Services
Mls Name: HAR
Mls Provider:
Mls ID: #27274401
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