10003 Ridgecoral DrHoustonTX77038
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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 10003 Ridgecoral Dr, Houston, TX, 77038 earns $269/mo cash flow from $1,324/mo rent with a $710/mo payment. Total monthly income totals $1,324/mo, and annual cash flow totals $3,223/yr on $48,068 capital. ROI tracks 26.61% on current figures, and rental yield reads 10.96% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 140.24% and total cumulative return in cash sums $67,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,324/mo property income instead of your personal income.
Multi Family
Built in 1983
4,238 sqft lot
$N/A/sqft
$288 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77038, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,829 (100%) |
| Owner Occupied HU | 5,002 (50.9%) |
| Renter Occupied HU | 4,388 (44.6%) |
| Vacant Housing Units | 439 ( 4.5%) |
| Median Home Value | $226,634 |
| Average Home Value | $311,773 |
Housing Distribution
Address Breakdown
Residential
9,283
Single Family
6,957
Multi-Family
2,326
Businesses
519
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Listed by: Tashemia Jones • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #37703768
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