10031 Green Tree RdHoustonTX77042
Nearby investment properties with comparable rents
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
Rental property for sale in Houston at 10031 Green Tree Rd, Houston, TX, 77042 generates $6,493/mo in rent, after a $6,534/mo payment. Total monthly income is $6,493/mo. Return on cash invested sits at 11.87% in year one, and rental yield is 5.84% on a $1,334,997 entry. Equity gained on principal adds $8,615/yr, while 5% annual appreciation builds toward $368,835 over five years. Five-year ROI reaches 60.95% and total cumulative return in cash sums $263,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,493/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
$745 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Cancelmo • Greenwood King Properties - Kirby Office
Mls Name: HAR
Mls Provider:
Mls ID: #44775659
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.