3770 Lovers Wood Ln APT 707HoustonTX77014
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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 3770 Lovers Wood Ln APT 707, Houston, TX, 77014 uses $33,150 cash to close to unlock $8,404/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $489/mo payment keeps the spread at $700/mo. Purchase price stands at $100,000, and rental yield measures 20.36% with $1,697/mo rent. Return on cash invested shows 45.26% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 243.81% and total cumulative return in cash records $80,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$286 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77014, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 5,614 (40.4%) |
| Renter Occupied HU | 7,254 (52.2%) |
| Vacant Housing Units | 1,029 ( 7.4%) |
| Median Home Value | $254,447 |
| Average Home Value | $268,012 |
Housing Distribution
Address Breakdown
Residential
12,827
Single Family
7,161
Multi-Family
5,666
Businesses
841
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