7102 Fondren RdHoustonTX77036
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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
Total monthly income runs $2,376/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 8.15% with $2,376/mo rent. Return on cash invested shows 18.74% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 97.82% and total cumulative return in cash records $113,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Multi Family
Built in 1964
9,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Housing Distribution
Address Breakdown
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
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Listed by: Inderashwer Agnihotri • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #64628360
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