1515 Sandy Springs Rd APT 1006HoustonTX77042
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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 APT 1006, Houston, TX, 77042 earns $63/mo cash flow from $774/mo rent with a $489/mo payment. Total monthly income totals $774/mo, and annual cash flow totals $760/yr on $33,150 capital. ROI tracks 22.2% on current figures, and rental yield reads 9.29% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 116.43% and total cumulative return in cash sums $38,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $774/mo property income instead of your personal income.
Townhouse
Built in 1982
2.87 Acres lot
$N/A/sqft
No 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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