905 Quitman St #BHoustonTX77009
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 905 Quitman St #B, Houston, TX, 77009 earns $1,173/mo cash flow from $4,094/mo rent with a $1,904/mo payment. Total monthly income totals $4,094/mo, and annual cash flow totals $14,070/yr on $128,954 capital. ROI tracks 30.82% on current figures, and rental yield reads 12.63% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 163.1% and total cumulative return in cash sums $210,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,094/mo property income instead of your personal income.
Single Family
Built in 2024
1,550 sqft lot
$N/A/sqft
$1,862 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louis Vargas • Tevas Real Estate Group INC
Mls Name: HAR
Mls Provider:
Mls ID: #10128039
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.