3770 Lovers Wood Ln APT 801HoustonTX77014
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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 801, Houston, TX, 77014 uses $35,471 cash to close to unlock $10,738/yr annual cash flow and $895/mo monthly cash flow. Total monthly income runs $2,102/mo, and a $524/mo payment keeps the spread at $895/mo. Purchase price stands at $107,000, and rental yield measures 23.57% with $2,102/mo rent. Return on cash invested shows 50.18% in year one, and 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 271.92% and total cumulative return in cash records $96,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,102/mo property income covering a $524/mo payment rather than investor’s personal income.
Condo
Built in 1983
2.41 Acres lot
$N/A/sqft
$446 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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Listed by: Helena Jowers • Coldwell Banker Realty - Greater Northwest
Mls Name: HAR
Mls Provider:
Mls ID: #27376231
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