6017 Memorial Dr UNIT 704HoustonTX77007
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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 6017 Memorial Dr UNIT 704, Houston, TX, 77007 projects strong ROI of 30.81%.
With 5% annual appreciation, the property builds $1,188,011 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 163.27%, translating into $2,274,662 in total cumulative return on $1,393,200 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$2,725 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Adriana Banks • Douglas Elliman Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #45588246
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