6723 Belmont StHoustonTX77005
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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 6723 Belmont St, Houston, TX, 77005 uses $132,600 cash to close to unlock $5,536/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $3,306/mo, and a $1,958/mo payment keeps the spread at $461/mo. Purchase price stands at $400,000, and rental yield measures 9.92% with $3,306/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 126.46% and total cumulative return in cash records $167,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,306/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
2,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77005, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 6,906 (61.7%) |
| Renter Occupied HU | 3,500 (31.3%) |
| Vacant Housing Units | 782 ( 7.0%) |
| Median Home Value | $1,265,055 |
| Average Home Value | $1,285,274 |
Housing Distribution
Address Breakdown
Residential
10,650
Single Family
7,619
Multi-Family
3,031
Businesses
965
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