122 Armstrong StHoustonTX77029
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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 122 Armstrong St, Houston, TX, 77029 earns $115/mo cash flow from $1,039/mo rent with a $636/mo payment. Total monthly income totals $1,039/mo, and annual cash flow totals $1,378/yr on $43,095 capital. ROI tracks 23.11% on current figures, and rental yield reads 9.59% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash sums $52,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,039/mo property income instead of your personal income.
Single Family
Built in 1946
5,632 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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Listed by: Wiley Davis • Wiley Davis Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #5733424
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