415 Lovett Blvd #BHoustonTX77006
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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
Rental property for sale in Houston at 415 Lovett Blvd #B, Houston, TX, 77006 priced at $839,900 converts $6,730/mo rent into $757/mo cash flow after a $4,111/mo obligation. Total monthly income equals $6,730/mo, and annual cash flow totals $9,087/yr on $276,327 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 9.62% against a $839,900 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation compiles into $232,049 by year five. Five-year ROI reaches 122.48% and total cumulative return in cash sums $338,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,730/mo property income covering a $4,111/mo payment, not borrower’s personal income.
Townhouse
Built in 2017
1,890 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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