8512 Farqueson StHoustonTX77029
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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
Rental property for sale in Houston at 8512 Farqueson St, Houston, TX, 77029 priced at $429,944 converts $1,579/mo rent into after a $2,104/mo obligation. Total monthly income equals $1,579/mo. Return on cash invested prints 7.46% in year one, and rental yield reads 4.41% against a $429,944 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,786 by year five. Five-year ROI reaches 37.3% and total cumulative return in cash sums $53,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,579/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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Listed by: Tiffany Thibodeaux • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #88803586
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