2929 Buffalo Speedway #A2211HoustonTX77098
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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 2929 Buffalo Speedway #A2211, Houston, TX, 77098 offers a 25.32% rental yield on a $625,000 purchase with $13,188/mo rent. Total monthly income registers $13,188/mo, and a $3,059/mo payment leaves $5,049/mo available for distribution. Annual cash flow reaches $60,593/yr on $205,625 to close, and return on cash invested stands at 49.53% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 270.69% and total cumulative return in cash at $556,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $13,188/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$3,327 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: Juli Moore • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #85363635
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