6000 Reims Rd APT 3403HoustonTX77036
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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 6000 Reims Rd APT 3403, Houston, TX, 77036 generates $1,623/mo in rent and, after a $806/mo payment, leaves $37/mo in cash flow. Total monthly income is $1,623/mo, and annual cash flow is $439/yr on $54,598 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 11.83% on a $164,700 entry. Equity gained on principal adds $1,063/yr, while 5% annual appreciation builds toward $45,504 over five years. Five-year ROI reaches 111.7% and total cumulative return in cash sums $60,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,623/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Housing Distribution
Address Breakdown
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
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