8643 Village Of Fondren Dr #8643HoustonTX77071
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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 8643 Village Of Fondren Dr #8643, Houston, TX, 77071 listed at $104,312 pairs $1,691/mo rent with a $511/mo payment to leave $604/mo cash flow. Total monthly income runs $1,691/mo, and annual cash flow reaches $7,251/yr on $34,579 cash to close. Return on cash invested measures 40.88% in year one, and rental yield registers 19.45% at a $104,312 basis. Equity gained on principal adds $673/yr, and annual property appreciation at 5% supports $28,819 by year five. Five-year ROI tracks 220.92% and total cumulative return in cash totals $76,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,691/mo property income relative to a $511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$307 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
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