6517 Wanda Ln, Houston, TX, 77074 | $84/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6517 Wanda Ln, Houston, TX, 77074 | $84/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Houston at 6517 Wanda Ln, Houston, TX, 77074 uses $62,985 cash to close to unlock $1,006/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,435/mo, and a $930/mo payment keeps the spread at $84/mo. Purchase price stands at $190,000, and rental yield measures 9.06% with $1,435/mo rent. Return on cash invested shows 21.51% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 112.62% and total cumulative return in cash records $70,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,435/mo property income covering a $930/mo payment rather than investor’s personal income.

Townhouse

Built in 1977

1,467 sqft lot

$N/A/sqft

No HOA

More details about the property

This delightful, sun-drenched townhome is ready for you to make it your home! At 2,016 square feet and with TWO LIVING AREAS and TWO DINING AREAS, this is a spacious home with plenty of room for everyone to enjoy. Wood and tile flooring run throughout the house NO CARPET! The kitchen connects to the living and dining areas making it easy to gather with family and friends. Create additional living space outdoors on the large back patio! Three bedrooms and two bathrooms are upstairs, 1/2 bath down. The primary suite is generously sized and features a walk-in closet, full bathroom, and a private balcony with a beautiful view of the green space in front of the home. Privacy abounds with NO FRONT OR BACK NEIGHBORS! Two covered parking spaces behind the home and a storage closet are included. This home is located in a well-kept GATED community with a pool and tennis court for residents and their guests to enjoy. Convenient to IH-69/59, Beltway 8, Westpark Tollway, and Loop 610.

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