3019 Farmington StHoustonTX77080
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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 3019 Farmington St, Houston, TX, 77080 uses $66,267 cash to close to unlock $6,479/yr annual cash flow and $540/mo monthly cash flow. Total monthly income runs $1,961/mo, and a $978/mo payment keeps the spread at $540/mo. Purchase price stands at $199,900, and rental yield measures 11.77% with $1,961/mo rent. Return on cash invested shows 29.69% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 156.48% and total cumulative return in cash records $103,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,961/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
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