903 Lehman St #FHoustonTX77018
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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
Rental property for sale in Houston at 903 Lehman St #F, Houston, TX, 77018 offers $5,348/mo rent that, after a $1,904/mo payment, leaves $2,582/mo cash flow. Total monthly income is $5,348/mo, and annual cash flow is $30,981/yr on $128,954 cash. Return on cash invested measures 43.93% in year one, and rental yield stands at 16.5% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 232.88% and total cumulative return in cash reaches $300,306. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,348/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1,981 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Ijlal Kilicarslan • Ann/Max Real Estate INC
Mls Name: HAR
Mls Provider:
Mls ID: #29358374
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