6305 Westward St #1HoustonTX77081
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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 6305 Westward St #1, Houston, TX, 77081 generates $882/mo in rent, after a $563/mo payment. Total monthly income is $882/mo. Return on cash invested sits at 7.23% in year one, and rental yield is 9.2% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 41.51% and total cumulative return in cash sums $15,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $882/mo property income rather than buyer’s personal income.
Condo
Built in 1966
4.24 Acres lot
$N/A/sqft
$467 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77081, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,945 (100%) |
| Owner Occupied HU | 1,190 ( 5.7%) |
| Renter Occupied HU | 17,384 (83.0%) |
| Vacant Housing Units | 2,371 (11.3%) |
| Median Home Value | $454,483 |
| Average Home Value | $509,786 |
Housing Distribution
Address Breakdown
Residential
19,610
Single Family
2,365
Multi-Family
17,245
Businesses
2,274
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Listed by: Flor Rodriguez • Lone Star Realty
Mls Name: HAR
Mls Provider:
Mls ID: #73230331
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