846 Elkhart St #CHoustonTX77091
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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 846 Elkhart St #C, Houston, TX, 77091 listed at $319,888 pairs $4,708/mo rent with a $1,566/mo payment to leave $2,316/mo cash flow. Total monthly income runs $4,708/mo, and annual cash flow reaches $27,795/yr on $106,043 cash to close. Return on cash invested measures 46.12% in year one, and rental yield registers 17.66% at a $319,888 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,379 by year five. Five-year ROI tracks 245.12% and total cumulative return in cash totals $259,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,708/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1,694 sqft lot
$N/A/sqft
$1,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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Listed by: Mario Negron • AroundTown Properties Inc
Mls Name: HAR
Mls Provider:
Mls ID: #23583001
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