7878 Leonora StHoustonTX77061
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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 7878 Leonora St, Houston, TX, 77061 with 5% annual appreciation on a $121,900 basis while $964/mo rent supports operations. 59% in year one. Equity gained on principal adds $787/yr, and five-year appreciation sums $33,679 alongside rental yield of 9.49%. Five-year ROI measures 93.52% and total cumulative return in cash totals $37,792. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $964/mo property income versus a $597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1970
1.74 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77061, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,747 (100%) |
| Owner Occupied HU | 3,350 (34.4%) |
| Renter Occupied HU | 5,233 (53.7%) |
| Vacant Housing Units | 1,164 (11.9%) |
| Median Home Value | $263,720 |
| Average Home Value | $319,527 |
Housing Distribution
Address Breakdown
Residential
9,088
Single Family
3,874
Multi-Family
5,214
Businesses
901
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Listed by: The-Trinh Nguyen • The Realty
Mls Name: HAR
Mls Provider:
Mls ID: #87194929
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