9809 Richmond Ave #14HoustonTX77042
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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 9809 Richmond Ave #14, Houston, TX, 77042 listed at $112,000 pairs $963/mo rent with a $548/mo payment to leave $167/mo cash flow. Total monthly income runs $963/mo, and annual cash flow reaches $2,001/yr on $37,128 cash to close. Return on cash invested measures 25.3% in year one, and rental yield registers 10.32% at a $112,000 basis. Equity gained on principal adds $723/yr, and annual property appreciation at 5% supports $30,944 by year five. Five-year ROI tracks 133.01% and total cumulative return in cash totals $49,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $963/mo property income relative to a $548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
3.89 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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Listed by: Joanna Xie • KingFay Inc
Mls Name: HAR
Mls Provider:
Mls ID: #97502010
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