2929 Buffalo Speedway #A208HoustonTX77098
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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 2929 Buffalo Speedway #A208, Houston, TX, 77098 generates $7,284/mo in rent and, after a $2,080/mo payment, leaves $2,443/mo in cash flow. Total monthly income is $7,284/mo, and annual cash flow is $29,315/yr on $140,888 invested. Return on cash invested sits at 40.72% in year one, and rental yield is 20.57% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 221.24% and total cumulative return in cash sums $311,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,284/mo property income rather than buyer’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,819 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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Listed by: Susan Scott Watts • Keller Williams Advantage Realty
Mls Name: HAR
Mls Provider:
Mls ID: #48982485
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