6500 Sands Point Dr APT 406HoustonTX77074
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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 6500 Sands Point Dr APT 406, Houston, TX, 77074 uses $49,062 cash to close to unlock $5,039/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $1,472/mo, and a $724/mo payment keeps the spread at $420/mo. Purchase price stands at $148,000, and rental yield measures 11.94% with $1,472/mo rent. Return on cash invested shows 30.18% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 159.13% and total cumulative return in cash records $78,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,472/mo property income covering a $724/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Housing Distribution
Address Breakdown
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
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