1515 Sandy Springs Rd #2801HoustonTX77042
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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 1515 Sandy Springs Rd #2801, Houston, TX, 77042 listed at $131,900 pairs $2,186/mo rent with a $646/mo payment to leave $839/mo cash flow. Total monthly income runs $2,186/mo, and annual cash flow reaches $10,069/yr on $43,725 cash to close. Return on cash invested measures 42.94% in year one, and rental yield registers 19.89% at a $131,900 basis. Equity gained on principal adds $851/yr, and annual property appreciation at 5% supports $36,442 by year five. Five-year ROI tracks 231.74% and total cumulative return in cash totals $101,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,186/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
3.82 Acres lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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Listed by: Cheryl Ancira • SRL Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #58179101
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