3075 Walnut Bend Ln APT 36HoustonTX77042
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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 3075 Walnut Bend Ln APT 36, Houston, TX, 77042 uses $33,150 cash to close to unlock $688/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $768/mo, and a $489/mo payment keeps the spread at $57/mo. Purchase price stands at $100,000, and rental yield measures 9.22% with $768/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 115.27% and total cumulative return in cash records $38,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $768/mo property income covering a $489/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
5.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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