6324 Texarkana StHoustonTX77020
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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 6324 Texarkana St, Houston, TX, 77020 priced at $172,000 converts $2,154/mo rent into $767/mo cash flow after a $842/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $9,203/yr on $57,018 invested. Return on cash invested prints 36.05% in year one, and rental yield reads 15.03% against a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation compiles into $47,520 by year five. Five-year ROI reaches 191.84% and total cumulative return in cash sums $109,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $842/mo payment, not borrower’s personal income.
Single Family
Built in 1946
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77020, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,365 (100%) |
| Owner Occupied HU | 4,634 (44.7%) |
| Renter Occupied HU | 4,606 (44.4%) |
| Vacant Housing Units | 1,125 (10.9%) |
| Median Home Value | $166,126 |
| Average Home Value | $235,260 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,495
Multi-Family
1,140
Businesses
1,009
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