6222 Luce StHoustonTX77087
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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 6222 Luce St, Houston, TX, 77087 generates $2,246/mo in rent and, after a $1,223/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,246/mo, and annual cash flow is $5,629/yr on $82,842 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 10.79% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 140.54% and total cumulative return in cash sums $116,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,246/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
5,876 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77087, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,878 (49.9%) |
| Renter Occupied HU | 5,168 (43.9%) |
| Vacant Housing Units | 739 ( 6.3%) |
| Median Home Value | $172,518 |
| Average Home Value | $209,287 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
8,717
Multi-Family
2,891
Businesses
1,477
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