6607 Point Clear DrHoustonTX77069
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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 6607 Point Clear Dr, Houston, TX, 77069 offers $2,576/mo rent that, after a $1,408/mo payment, leaves $407/mo cash flow. Total monthly income is $2,576/mo, and annual cash flow is $4,887/yr on $95,369 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 10.74% at a $287,689 entry. Equity gained on principal adds $1,856/yr while 5% annual appreciation compounds into $79,483 by year five. Five-year ROI records 132.12% and total cumulative return in cash reaches $125,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,576/mo property income versus a $1,408/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
$123 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
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