3929 Almeda Genoa RdHoustonTX77047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Houston at 3929 Almeda Genoa Rd, Houston, TX, 77047 priced at $750,000 converts $1,709/mo rent into after a $3,671/mo obligation. Total monthly income equals $1,709/mo. Return on cash invested prints 2.43% in year one, and rental yield reads 2.73% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 10.32% and total cumulative return in cash sums $25,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,709/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices