9227 Lake Park DrHoustonTX77078
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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 9227 Lake Park Dr, Houston, TX, 77078 offers a 9.34% rental yield on a $170,000 purchase with $1,323/mo rent. Total monthly income registers $1,323/mo, and a $832/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,370/yr on $56,355 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 117.15% and total cumulative return in cash at $66,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,323/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77078, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,024 (100%) |
| Owner Occupied HU | 2,599 (51.7%) |
| Renter Occupied HU | 1,999 (39.8%) |
| Vacant Housing Units | 426 ( 8.5%) |
| Median Home Value | $151,491 |
| Average Home Value | $158,527 |
Housing Distribution
Address Breakdown
Residential
4,975
Single Family
4,184
Multi-Family
791
Businesses
115
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