5515 Strack Rd APT 122HoustonTX77069
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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 5515 Strack Rd APT 122, Houston, TX, 77069 uses $59,471 cash to close to unlock $8,404/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $2,056/mo, and a $878/mo payment keeps the spread at $700/mo. Purchase price stands at $179,400, and rental yield measures 13.75% with $2,056/mo rent. Return on cash invested shows 34.04% in year one, and 5% annual appreciation builds toward $49,565 over five years. Five-year ROI reaches 180.46% and total cumulative return in cash records $107,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $878/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
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