9324 Scranton StHoustonTX77075
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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 9324 Scranton St, Houston, TX, 77075 uses $46,377 cash to close to unlock $1,415/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,113/mo, and a $685/mo payment keeps the spread at $118/mo. Purchase price stands at $139,900, and rental yield measures 9.55% with $1,113/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash records $55,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,113/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1969
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77075, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,944 (100%) |
| Owner Occupied HU | 7,820 (52.3%) |
| Renter Occupied HU | 6,176 (41.3%) |
| Vacant Housing Units | 948 ( 6.3%) |
| Median Home Value | $247,668 |
| Average Home Value | $257,402 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
9,252
Multi-Family
4,353
Businesses
938
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Listed by: Eric Garcia • Carlos Garcia Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #31955262
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