6239 Wedgefield StHoustonTX77028
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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 Wedgefield St, Houston, TX, 77028 offers a 20.19% rental yield on a $115,600 purchase with $1,945/mo rent. Total monthly income registers $1,945/mo, and a $566/mo payment leaves $1,051/mo available for distribution. Annual cash flow reaches $12,611/yr on $38,321 to close, and return on cash invested stands at 52.82% in year one. Equity gained on principal adds $746/yr while 5% annual appreciation supports $31,938 over five years. Portfolio math shows five-year ROI at 281.34% and total cumulative return in cash at $107,814. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,945/mo property income against a $566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Housing Distribution
Address Breakdown
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
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