6602 Avenue RHoustonTX77011
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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 6602 Avenue R, Houston, TX, 77011 with 5% annual appreciation on a $320,000 basis while $1,010/mo rent supports operations. 6% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 3.79%. Five-year ROI measures 27.3% and total cumulative return in cash totals $28,959. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,010/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1930
5,645 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77011, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,200 (100%) |
| Owner Occupied HU | 2,652 (36.8%) |
| Renter Occupied HU | 3,637 (50.5%) |
| Vacant Housing Units | 911 (12.7%) |
| Median Home Value | $275,399 |
| Average Home Value | $292,701 |
Housing Distribution
Address Breakdown
Residential
7,107
Single Family
6,508
Multi-Family
599
Businesses
993
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