7709 Avenue LHoustonTX77012
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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 7709 Avenue L, Houston, TX, 77012 uses $142,545 cash to close to unlock $5,566/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $3,522/mo, and a $2,105/mo payment keeps the spread at $464/mo. Purchase price stands at $429,999, and rental yield measures 9.83% with $3,522/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash records $178,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,522/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 2024
3,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77012, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,027 (100%) |
| Owner Occupied HU | 2,450 (34.9%) |
| Renter Occupied HU | 3,762 (53.5%) |
| Vacant Housing Units | 815 (11.6%) |
| Median Home Value | $166,435 |
| Average Home Value | $203,859 |
Housing Distribution
Address Breakdown
Residential
6,550
Single Family
4,363
Multi-Family
2,187
Businesses
464
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