851 Seafoam RdHoustonTX77062
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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 851 Seafoam Rd, Houston, TX, 77062 with 5% annual appreciation on a $299,500 basis while $2,440/mo rent supports operations. Total monthly income totals $2,440/mo and a $1,466/mo payment preserves $310/mo for cash returns. Annual cash flow comes to $3,721/yr on $99,284 deployed, and return on cash invested reaches 23.66% in year one. Equity gained on principal adds $1,933/yr, and five-year appreciation sums $82,746 alongside rental yield of 9.78%. Five-year ROI measures 124.19% and total cumulative return in cash totals $123,299.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,440/mo property income versus a $1,466/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
7,679 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
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