8618 Flossie Mae 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
Investment property for sale in Houston at 8618 Flossie Mae St, Houston, TX, 77029 offers a 8.09% rental yield on a $204,900 purchase with $1,381/mo rent. 56% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 96.83% and total cumulative return in cash at $65,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,381/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
6,324 sqft 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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