264 Parker RdHoustonTX77076
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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 264 Parker Rd, Houston, TX, 77076 priced at $229,000 pairs $2,044/mo rent with $415/mo cash flow after a $1,121/mo payment. Total monthly income equals $2,044/mo, and annual cash flow comes to $4,985/yr on $75,914 invested. Return on cash invested is 26.48% in year one, and rental yield stands at 10.71% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 139.32% and total cumulative return in cash reaches $105,761. For financing, Ziffy Mortgage’s DSCR program evaluates $2,044/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77076, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,368 (100%) |
| Owner Occupied HU | 4,757 (45.9%) |
| Renter Occupied HU | 4,688 (45.2%) |
| Vacant Housing Units | 923 ( 8.9%) |
| Median Home Value | $176,556 |
| Average Home Value | $227,130 |
Housing Distribution
Address Breakdown
Residential
9,945
Single Family
7,220
Multi-Family
2,725
Businesses
1,001
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