7650 Springhill St #201HoustonTX77021
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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 7650 Springhill St #201, Houston, TX, 77021 offers a 14.64% rental yield on a $196,200 purchase with $2,393/mo rent. Total monthly income registers $2,393/mo, and a $960/mo payment leaves $833/mo available for distribution. Annual cash flow reaches $9,997/yr on $65,040 to close, and return on cash invested stands at 35.28% in year one. Equity gained on principal adds $1,266/yr while 5% annual appreciation supports $54,206 over five years. Portfolio math shows five-year ROI at 187.64% and total cumulative return in cash at $122,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,393/mo property income against a $960/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
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