8216 Fondren Rd #8216HoustonTX77074
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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 8216 Fondren Rd #8216, Houston, TX, 77074 earns from $826/mo rent with a $538/mo payment. Total monthly income totals $826/mo. ROI tracks 5.2% on current figures, and rental yield reads 9.01% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 31.2% and total cumulative return in cash sums $11,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $826/mo property income instead of your personal income.
Townhouse
Built in 1966
1.42 Acres lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Housing Distribution
Address Breakdown
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
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Listed by: Mark Dimas • Realty Of America, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #89243972
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