250 Gessner RdHoustonTX77024
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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 250 Gessner Rd, Houston, TX, 77024 offers $7,403/mo rent that, after a $5,264/mo payment. Total monthly income is $7,403/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 8.26% at a $1,075,400 entry. Equity gained on principal adds $6,939/yr while 5% annual appreciation compounds into $297,113 by year five. Five-year ROI records 101.41% and total cumulative return in cash reaches $353,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,403/mo property income versus a $5,264/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
$31 monthly 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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