5005 Georgi Ln APT 29HoustonTX77092
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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 5005 Georgi Ln APT 29, Houston, TX, 77092 offers a 9.05% rental yield on a $162,900 purchase with $1,229/mo rent. 37% in year one. Equity gained on principal adds $1,051/yr while 5% annual appreciation supports $45,006 over five years. Portfolio math shows five-year ROI at 56.95% and total cumulative return in cash at $30,756. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,229/mo property income against a $797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
6.76 Acres lot
$N/A/sqft
$500 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: Suzanne Massiatte • Summertime Investments
Mls Name: HAR
Mls Provider:
Mls ID: #52674777
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