6720 Avenue KHoustonTX77011
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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 6720 Avenue K, Houston, TX, 77011 priced at $175,000 converts $1,406/mo rent into $77/mo cash flow after a $857/mo obligation. Total monthly income equals $1,406/mo, and annual cash flow totals $920/yr on $58,013 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 9.64% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 113.2% and total cumulative return in cash sums $65,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,406/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1936
7,501 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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Nearby investment properties with comparable prices
Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #83603921
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