206 Walnut Bend LnHoustonTX77042
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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
Rental property for sale in Houston at 206 Walnut Bend Ln, Houston, TX, 77042 priced at $1,620,000 converts $6,392/mo rent into after a $7,929/mo obligation. Total monthly income equals $6,392/mo. Return on cash invested prints 8.46% in year one, and rental yield reads 4.73% against a $1,620,000 entry. Equity gained on principal adds $10,454/yr, while 5% annual appreciation compiles into $447,576 by year five. Five-year ROI reaches 42.65% and total cumulative return in cash sums $223,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,392/mo property income covering a $7,929/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.44 Acres lot
$N/A/sqft
$974 annually 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: Lisa Jones • Lacey Cannon Properties
Mls Name: HAR
Mls Provider:
Mls ID: #73655474
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