406 Avondale StHoustonTX77006
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
Investment property for sale in Houston at 406 Avondale St, Houston, TX, 77006 listed at $1,575,000 pairs $4,558/mo rent with a $7,709/mo payment. Total monthly income runs $4,558/mo. Return on cash invested measures 4.75% in year one, and rental yield registers 3.47% at a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and annual property appreciation at 5% supports $435,143 by year five. Five-year ROI tracks 22.69% and total cumulative return in cash totals $115,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,558/mo property income relative to a $7,709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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Listed by: Patrick Banks • Coldwell Banker Realty - Heights
Mls Name: HAR
Mls Provider:
Mls ID: #76270556
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