849 Mansfield St #FHoustonTX77091
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 849 Mansfield St #F, Houston, TX, 77091 priced at $329,900 converts $4,529/mo rent into $2,083/mo cash flow after a $1,615/mo obligation. Total monthly income equals $4,529/mo, and annual cash flow totals $24,993/yr on $109,362 invested. Return on cash invested prints 42.76% in year one, and rental yield reads 16.47% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 227.01% and total cumulative return in cash sums $248,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,529/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2023
2,108 sqft lot
$N/A/sqft
$1,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thai Klam • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #23888208
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.