3020 Houston AveHoustonTX77009
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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
Total monthly income runs $1,010/mo, and a $4,283/mo payment. Purchase price stands at $875,000, and rental yield measures 1.39% with $1,010/mo rent. Return on cash invested shows -1.67% in year one, and 5% annual appreciation builds toward $241,746 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,010/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Multi Family
Built in 1962
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
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Listed by: Bill Baldwin • Boulevard Realty
Mls Name: HAR
Mls Provider:
Mls ID: #38138789
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