6135 Spruce Forest DrHoustonTX77092
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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 6135 Spruce Forest Dr, Houston, TX, 77092 listed at $266,900 pairs $2,344/mo rent with a $1,306/mo payment to leave $430/mo cash flow. Total monthly income runs $2,344/mo, and annual cash flow reaches $5,164/yr on $88,477 cash to close. Return on cash invested measures 25.75% in year one, and rental yield registers 10.54% at a $266,900 basis. Equity gained on principal adds $1,722/yr, and annual property appreciation at 5% supports $73,740 by year five. Five-year ROI tracks 135.46% and total cumulative return in cash totals $119,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,344/mo property income relative to a $1,306/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
7,492 sqft lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77092, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,490 (100%) |
| Owner Occupied HU | 5,357 (32.5%) |
| Renter Occupied HU | 9,656 (58.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $304,801 |
| Average Home Value | $364,906 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
6,718
Multi-Family
8,526
Businesses
3,263
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