222 Litchfield LnHoustonTX77024
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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 222 Litchfield Ln, Houston, TX, 77024 listed at $324,999 pairs $2,191/mo rent with a $1,591/mo payment. Total monthly income runs $2,191/mo. Return on cash invested measures 18.57% in year one, and rental yield registers 8.09% at a $324,999 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,791 by year five. Five-year ROI tracks 96.87% and total cumulative return in cash totals $104,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,191/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1977
1,459 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Housing Distribution
Address Breakdown
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
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