7703 Appleton StHoustonTX77022
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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 7703 Appleton St, Houston, TX, 77022 uses $61,328 cash to close to unlock $4,547/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,694/mo, and a $905/mo payment keeps the spread at $379/mo. Purchase price stands at $185,000, and rental yield measures 10.99% with $1,694/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 143.8% and total cumulative return in cash records $88,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,694/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1947
5,601 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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