1254 Lamonte LnHoustonTX77018
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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 1254 Lamonte Ln, Houston, TX, 77018 offers $4,435/mo rent that, after a $4,726/mo payment. Total monthly income is $4,435/mo. Return on cash invested measures 10.86% in year one, and rental yield stands at 5.51% at a $965,500 entry. Equity gained on principal adds $6,230/yr while 5% annual appreciation compounds into $266,750 by year five. Five-year ROI records 55.52% and total cumulative return in cash reaches $176,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,435/mo property income versus a $4,726/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
$3 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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