9429 E Avenue HHoustonTX77012
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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 9429 E Avenue H, Houston, TX, 77012 offers a 9.14% rental yield on a $144,900 purchase with $1,104/mo rent. Total monthly income registers $1,104/mo, and a $709/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $886/yr on $48,034 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 113.97% and total cumulative return in cash at $54,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,104/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.46 Acres 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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