7010 Buffkin LnHoustonTX77069
Nearby investment properties with comparable rents
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 7010 Buffkin Ln, Houston, TX, 77069 offers $5,359/mo rent that, after a $1,953/mo payment, leaves $2,440/mo cash flow. Total monthly income is $5,359/mo, and annual cash flow is $29,284/yr on $132,269 cash. Return on cash invested measures 42.05% in year one, and rental yield stands at 16.12% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 223.07% and total cumulative return in cash reaches $295,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,359/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.25 Acres lot
$N/A/sqft
$975 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cody Scurlock • Keller Williams Realty Clear Lake / NASA
Mls Name: HAR
Mls Provider:
Mls ID: #5868390
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.