14550 Fonmeadow Dr APT 1504HoustonTX77035
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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 14550 Fonmeadow Dr APT 1504, Houston, TX, 77035 offers a 9.27% rental yield on a $120,000 purchase with $927/mo rent. 62% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 58.39% and total cumulative return in cash at $23,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $927/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
3.12 Acres lot
$N/A/sqft
$382 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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Listed by: Nafisa Yaqoob • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #37166820
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