7002 Jay StHoustonTX77028
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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 7002 Jay St, Houston, TX, 77028 listed at $129,000 pairs $981/mo rent with a $631/mo payment to leave $64/mo cash flow. Total monthly income runs $981/mo, and annual cash flow reaches $769/yr on $42,764 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 9.13% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 113.82% and total cumulative return in cash totals $48,673. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $981/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Housing Distribution
Address Breakdown
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
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