962 Lamonte LnHoustonTX77018
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Nearby investment properties with comparable prices
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 962 Lamonte Ln, Houston, TX, 77018 earns from $8,765/mo rent with a $7,872/mo payment. Total monthly income totals $8,765/mo. ROI tracks 14.21% on current figures, and rental yield reads 6.54% at a $1,608,400 purchase. Equity gained on principal adds $10,379/yr, and 5% annual appreciation supports $444,371 over five years. Five-year ROI reaches 73.43% and total cumulative return in cash sums $382,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,765/mo property income instead of your personal income.
Single Family
Built in 1942
8,624 sqft lot
$N/A/sqft
$2 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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