5001 Lamonte LnHoustonTX77092
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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 5001 Lamonte Ln, Houston, TX, 77092 priced at $139,900 converts $1,116/mo rent into after a $685/mo obligation. Total monthly income equals $1,116/mo. Return on cash invested prints 10.75% in year one, and rental yield reads 9.57% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 59.36% and total cumulative return in cash sums $27,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,116/mo property income covering a $685/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77092, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,490 (100%) |
| Owner Occupied HU | 5,357 (32.5%) |
| Renter Occupied HU | 9,656 (58.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $304,801 |
| Average Home Value | $364,906 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
6,718
Multi-Family
8,526
Businesses
3,263
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Listed by: Linda Scarborough • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #72105413
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