3333 Allen Pkwy UNIT 1609HoustonTX77019
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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 3333 Allen Pkwy UNIT 1609, Houston, TX, 77019 earns $261/mo cash flow from $6,524/mo rent with a $3,421/mo payment. Total monthly income totals $6,524/mo, and annual cash flow totals $3,128/yr on $229,971 capital. ROI tracks 21.42% on current figures, and rental yield reads 11.2% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 114.57% and total cumulative return in cash sums $263,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,524/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$1,269 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
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Listed by: Laura Collins • Laura Collins, Broker
Mls Name: HAR
Mls Provider:
Mls ID: #19326847
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