7520 Hornwood Dr APT 704HoustonTX77036
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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 7520 Hornwood Dr APT 704, Houston, TX, 77036 earns $467/mo cash flow from $1,356/mo rent with a $612/mo payment. Total monthly income totals $1,356/mo, and annual cash flow totals $5,603/yr on $41,438 capital. ROI tracks 33.43% on current figures, and rental yield reads 13.02% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 176.55% and total cumulative return in cash sums $73,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,356/mo property income instead of your personal income.
Condo
Built in 1966
N/A 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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