7407 Banyan 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 7407 Banyan St, Houston, TX, 77028 uses $82,875 cash to close to unlock $634/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $1,224/mo payment keeps the spread at $53/mo. Purchase price stands at $250,000, and rental yield measures 8.79% with $1,831/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash records $89,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.39 Acres 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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