7605 Appleton StHoustonTX77022
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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 7605 Appleton St, Houston, TX, 77022 offers $3,360/mo rent that, after a $2,129/mo payment, leaves $267/mo cash flow. Total monthly income is $3,360/mo, and annual cash flow is $3,201/yr on $144,203 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 9.27% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 115.95% and total cumulative return in cash reaches $167,208. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
2,805 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77022, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 4,348 (38.9%) |
| Renter Occupied HU | 5,798 (51.8%) |
| Vacant Housing Units | 1,042 ( 9.3%) |
| Median Home Value | $234,249 |
| Average Home Value | $306,751 |
Housing Distribution
Address Breakdown
Residential
10,861
Single Family
8,003
Multi-Family
2,858
Businesses
1,424
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Listed by: Deborah Vollrath • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #41046076
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