9623 Elmview Pl #1HoustonTX77080
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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 9623 Elmview Pl #1, Houston, TX, 77080 offers a 10.27% rental yield on a $270,000 purchase with $2,310/mo rent. Total monthly income registers $2,310/mo, and a $1,322/mo payment leaves $390/mo available for distribution. Annual cash flow reaches $4,674/yr on $89,505 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 132.09% and total cumulative return in cash at $118,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,310/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
1,707 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
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