8801 Hammerly Blvd APT 1309HoustonTX77080
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 8801 Hammerly Blvd APT 1309, Houston, TX, 77080 generates $1,164/mo in rent, after a $673/mo payment. Total monthly income is $1,164/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 10.16% on a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 101.76% and total cumulative return in cash sums $46,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,164/mo property income rather than buyer’s personal income.
Condo
Built in 1980
2.43 Acres lot
$N/A/sqft
$218 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thalia Guderyon • Compass RE Texas, LLC - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #53080288
Disclaimer: Copyright 2025, 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.