622 Bomar StHoustonTX77006
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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 622 Bomar St, Houston, TX, 77006 earns from $3,167/mo rent with a $2,540/mo payment. Total monthly income totals $3,167/mo. ROI tracks 16.38% on current figures, and rental yield reads 7.32% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 85.12% and total cumulative return in cash sums $145,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,167/mo property income instead of your personal income.
Townhouse
Built in 2004
1,738 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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