6306 Reed RdHoustonTX77087
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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 6306 Reed Rd, Houston, TX, 77087 uses $80,223 cash to close to unlock $5,623/yr annual cash flow and $469/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,184/mo payment keeps the spread at $469/mo. Purchase price stands at $242,000, and rental yield measures 10.85% with $2,189/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 141.66% and total cumulative return in cash records $113,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,184/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,126 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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