8534 Fillmore StHoustonTX77029
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
Investment property for sale in Houston at 8534 Fillmore St, Houston, TX, 77029 offers a 9.26% rental yield on a $169,990 purchase with $1,312/mo rent. Total monthly income registers $1,312/mo, and a $832/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,238/yr on $56,352 to close, and return on cash invested stands at 22.11% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,965 over five years. Portfolio math shows five-year ROI at 115.92% and total cumulative return in cash at $65,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,312/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
6,438 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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