14 Greenway Plz UNIT 24THoustonTX77046
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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 14 Greenway Plz UNIT 24T, Houston, TX, 77046 offers a 7.44% rental yield on a $625,000 purchase with $3,875/mo rent. 18% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 4.21% and total cumulative return in cash at $8,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,875/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$2,838 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77046, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 907 (100%) |
| Owner Occupied HU | 255 (28.1%) |
| Renter Occupied HU | 500 (55.1%) |
| Vacant Housing Units | 152 (16.8%) |
| Median Home Value | $371,212 |
| Average Home Value | $439,725 |
Housing Distribution
Address Breakdown
Residential
1,309
Single Family
0
Multi-Family
1,309
Businesses
424
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Listed by: James Sessel • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #10808562
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