6239 Ludington Dr #22-928HoustonTX77035
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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 6239 Ludington Dr #22-928, Houston, TX, 77035 earns $53/mo cash flow from $977/mo rent with a $636/mo payment. Total monthly income totals $977/mo, and annual cash flow totals $637/yr on $43,062 capital. ROI tracks 21.39% on current figures, and rental yield reads 9.03% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 112.1% and total cumulative return in cash sums $48,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $977/mo property income instead of your personal income.
Townhouse
Built in 1983
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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