6609 Avenue QHoustonTX77011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6609 Avenue Q, Houston, TX, 77011 priced at $183,900 pairs $3,757/mo rent with $2,449/mo cash flow after a $900/mo payment. Total monthly income equals $3,757/mo, and annual cash flow comes to $29,392/yr on $60,963 invested. Return on cash invested is 68.12% in year one, and rental yield stands at 24.52% on a $183,900 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,808 by year five. Five-year ROI measures 362.63% and total cumulative return in cash reaches $221,069. For financing, Ziffy Mortgage’s DSCR program evaluates $3,757/mo property income against a $900/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5,000 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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Listed by: Carolyn Matthews • The Property Store
Mls Name: HAR
Mls Provider:
Mls ID: #6644491
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