8602 Hoffman StHoustonTX77016
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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 8602 Hoffman St, Houston, TX, 77016 earns from $1,595/mo rent with a $1,566/mo payment. Total monthly income totals $1,595/mo. ROI tracks 12.21% on current figures, and rental yield reads 5.98% at a $319,999 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 62.79% and total cumulative return in cash sums $66,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,595/mo property income instead of your personal income.
Single Family
Built in 2025
5,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77016, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,727 (100%) |
| Owner Occupied HU | 7,091 (60.5%) |
| Renter Occupied HU | 3,758 (32.0%) |
| Vacant Housing Units | 878 ( 7.5%) |
| Median Home Value | $122,354 |
| Average Home Value | $212,209 |
Housing Distribution
Address Breakdown
Residential
11,431
Single Family
10,633
Multi-Family
798
Businesses
550
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