6103 Ludington Dr #4-941HoustonTX77035
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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 6103 Ludington Dr #4-941, Houston, TX, 77035 listed at $129,000 pairs $984/mo rent with a $631/mo payment. Total monthly income runs $984/mo. Return on cash invested measures 12.75% in year one, and rental yield registers 9.15% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 69.06% and total cumulative return in cash totals $29,533. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $984/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
10.20 Acres lot
$N/A/sqft
$322 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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Listed by: Jincy Jose • Land & Luxe Realty
Mls Name: HAR
Mls Provider:
Mls ID: #66755669
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