16006 La Avenida DrHoustonTX77062
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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 16006 La Avenida Dr, Houston, TX, 77062 earns $463/mo cash flow from $2,383/mo rent with a $1,322/mo payment. Total monthly income totals $2,383/mo, and annual cash flow totals $5,550/yr on $89,505 capital. ROI tracks 26.11% on current figures, and rental yield reads 10.59% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $122,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,383/mo property income instead of your personal income.
Single Family
Built in 1971
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
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