983 W 42nd StHoustonTX77018
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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 983 W 42nd St, Houston, TX, 77018 earns from $5,358/mo rent with a $5,251/mo payment. Total monthly income totals $5,358/mo. ROI tracks 12.52% on current figures, and rental yield reads 5.99% at a $1,072,900 purchase. Equity gained on principal adds $6,923/yr, and 5% annual appreciation supports $296,422 over five years. Five-year ROI reaches 64.38% and total cumulative return in cash sums $223,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,358/mo property income instead of your personal income.
Single Family
Built in 2005
8,833 sqft lot
$N/A/sqft
$2 monthly 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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