9330 E Avenue LHoustonTX77012
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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
Rental property for sale in Houston at 9330 E Avenue L, Houston, TX, 77012 generates $1,612/mo in rent and, after a $1,077/mo payment, leaves $47/mo in cash flow. Total monthly income is $1,612/mo, and annual cash flow is $568/yr on $72,930 invested. Return on cash invested sits at 20.69% in year one, and rental yield is 8.79% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash sums $78,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,612/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77012, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,027 (100%) |
| Owner Occupied HU | 2,450 (34.9%) |
| Renter Occupied HU | 3,762 (53.5%) |
| Vacant Housing Units | 815 (11.6%) |
| Median Home Value | $166,435 |
| Average Home Value | $203,859 |
Housing Distribution
Address Breakdown
Residential
6,550
Single Family
4,363
Multi-Family
2,187
Businesses
464
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Listed by: Brad Fleming • Better Homes and Gardens Real Estate Gary Greene - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #95552809
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