6015 Spellman RdHoustonTX77096
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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 6015 Spellman Rd, Houston, TX, 77096 earns from $2,135/mo rent with a $2,031/mo payment. Total monthly income totals $2,135/mo. ROI tracks 12.79% on current figures, and rental yield reads 6.17% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 65.92% and total cumulative return in cash sums $90,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,135/mo property income instead of your personal income.
Single Family
Built in 1965
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
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