425 E Fair Harbor LnHoustonTX77079
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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 425 E Fair Harbor Ln, Houston, TX, 77079 offers a 7.41% rental yield on a $400,000 purchase with $2,470/mo rent. 52% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 85.89% and total cumulative return in cash at $113,884. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
2,783 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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