6116 Grand BlvdHoustonTX77021
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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 6116 Grand Blvd, Houston, TX, 77021 listed at $303,500 pairs $2,457/mo rent with a $1,485/mo payment to leave $257/mo cash flow. Total monthly income runs $2,457/mo, and annual cash flow reaches $3,087/yr on $100,610 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 9.71% at a $303,500 basis. Equity gained on principal adds $1,958/yr, and annual property appreciation at 5% supports $83,851 by year five. Five-year ROI tracks 120.71% and total cumulative return in cash totals $121,447. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,457/mo property income relative to a $1,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
1,520 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
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