6659 Wanda LnHoustonTX77074
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
Investment property for sale in Houston at 6659 Wanda Ln, Houston, TX, 77074 offers a 12.9% rental yield on a $156,500 purchase with $1,682/mo rent. Total monthly income registers $1,682/mo, and a $766/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,383/yr on $51,880 to close, and return on cash invested stands at 26.43% in year one. Equity gained on principal adds $1,010/yr while 5% annual appreciation supports $43,238 over five years. Portfolio math shows five-year ROI at 141.43% and total cumulative return in cash at $73,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $766/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
1,263 sqft lot
$N/A/sqft
$235 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices