9707 Richmond Ave APT 80HoustonTX77042
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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 9707 Richmond Ave APT 80, Houston, TX, 77042 offers a 9.42% rental yield on a $137,996 purchase with $1,083/mo rent. Total monthly income registers $1,083/mo, and a $675/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,225/yr on $45,746 to close, and return on cash invested stands at 22.59% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,126 over five years. Portfolio math shows five-year ROI at 118.53% and total cumulative return in cash at $54,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,083/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
4.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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