179 Old Bridge LkHoustonTX77069
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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 179 Old Bridge Lk, Houston, TX, 77069 listed at $320,000 pairs $2,490/mo rent with a $1,566/mo payment to leave $215/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $2,576/yr on $106,080 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 9.34% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 117.07% and total cumulative return in cash totals $124,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
4,517 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
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