7301 Avenue KHoustonTX77011
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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
Rental property for sale in Houston at 7301 Avenue K, Houston, TX, 77011 generates $2,389/mo in rent, after a $1,659/mo payment. Total monthly income is $2,389/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 8.46% on a $338,900 entry. Equity gained on principal adds $2,187/yr, while 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 102.84% and total cumulative return in cash sums $115,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,389/mo property income rather than buyer’s personal income.
Multi Family
Built in 2014
6,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77011, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,200 (100%) |
| Owner Occupied HU | 2,652 (36.8%) |
| Renter Occupied HU | 3,637 (50.5%) |
| Vacant Housing Units | 911 (12.7%) |
| Median Home Value | $275,399 |
| Average Home Value | $292,701 |
Housing Distribution
Address Breakdown
Residential
7,107
Single Family
6,508
Multi-Family
599
Businesses
993
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