6121 Grace LnHoustonTX77021
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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 6121 Grace Ln, Houston, TX, 77021 offers $2,543/mo rent that, after a $1,272/mo payment, leaves $695/mo cash flow. Total monthly income is $2,543/mo, and annual cash flow is $8,339/yr on $86,157 cash. Return on cash invested measures 29.59% in year one, and rental yield stands at 11.74% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 155.94% and total cumulative return in cash reaches $134,350. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,543/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,001 sqft lot
$N/A/sqft
No 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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