6906 Ashmore DrHoustonTX77069
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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 6906 Ashmore Dr, Houston, TX, 77069 priced at $385,000 converts $5,486/mo rent into $2,699/mo cash flow after a $1,884/mo obligation. Total monthly income equals $5,486/mo, and annual cash flow totals $32,383/yr on $127,628 invested. Return on cash invested prints 45.28% in year one, and rental yield reads 17.1% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 240.29% and total cumulative return in cash sums $306,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,486/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1981
10,079 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
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Listed by: Anastasia Pena • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #30757686
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