415 Lovett BlvdHoustonTX77006
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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 415 Lovett Blvd, Houston, TX, 77006 priced at $1,195,000 pairs $10,418/mo rent with $1,770/mo cash flow after a $5,849/mo payment. Total monthly income equals $10,418/mo, and annual cash flow comes to $21,241/yr on $387,180 invested. Return on cash invested is 25.86% in year one, and rental yield stands at 10.46% on a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and 5% annual appreciation accumulates to $330,156 by year five. Five-year ROI measures 136.05% and total cumulative return in cash reaches $526,766. For financing, Ziffy Mortgage’s DSCR program evaluates $10,418/mo property income against a $5,849/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2015
2,254 sqft lot
$N/A/sqft
$150 monthly 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: Diane Kink • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #25015539
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