820 Threadneedle St APT 249HoustonTX77079
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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 820 Threadneedle St APT 249, Houston, TX, 77079 uses $65,969 cash to close to unlock $1,367/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,529/mo, and a $974/mo payment keeps the spread at $114/mo. Purchase price stands at $199,000, and rental yield measures 9.22% with $1,529/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 115.17% and total cumulative return in cash records $75,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,529/mo property income covering a $974/mo payment rather than investor’s personal income.
Townhouse
Built in 1970
4.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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