6706 Providence View LnHoustonTX77049
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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 6706 Providence View Ln, Houston, TX, 77049 with 5% annual appreciation on a $209,900 basis while $2,512/mo rent supports operations. Total monthly income totals $2,512/mo and a $1,027/mo payment preserves $985/mo for cash returns. Annual cash flow comes to $11,817/yr on $69,582 deployed, and return on cash invested reaches 36.89% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 14.36%. Five-year ROI measures 195.36% and total cumulative return in cash totals $135,932.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,512/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
4,425 sqft lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77049, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 8,143 (61.6%) |
| Renter Occupied HU | 4,292 (32.5%) |
| Vacant Housing Units | 775 ( 5.9%) |
| Median Home Value | $241,202 |
| Average Home Value | $295,661 |
Housing Distribution
Address Breakdown
Residential
13,446
Single Family
9,892
Multi-Family
3,554
Businesses
597
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Listed by: Jonathan Layton • Luxely Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #32512360
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