8607 Glenlea 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 8607 Glenlea St, Houston, TX, 77061 offers a 10.75% rental yield on a $255,000 purchase with $2,284/mo rent. Total monthly income registers $2,284/mo, and a $1,248/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,649/yr on $84,533 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 139.89% and total cumulative return in cash at $118,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,284/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,801 sqft lot
$N/A/sqft
No 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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