6210 Coral Ridge RdHoustonTX77069
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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 6210 Coral Ridge Rd, Houston, TX, 77069 offers a 14.53% rental yield on a $415,000 purchase with $5,026/mo rent. Total monthly income registers $5,026/mo, and a $2,031/mo payment leaves $1,996/mo available for distribution. Annual cash flow reaches $23,956/yr on $137,573 to close, and return on cash invested stands at 37.32% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 197.69% and total cumulative return in cash at $271,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,026/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.28 Acres lot
$N/A/sqft
$945 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
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Listed by: Penny Clissold • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #73791083
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