1007 Grassy View DrHoustonTX77073
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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 1007 Grassy View Dr, Houston, TX, 77073 uses $61,294 cash to close to unlock $1,062/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $1,464/mo, and a $905/mo payment keeps the spread at $88/mo. Purchase price stands at $184,900, and rental yield measures 9.5% with $1,464/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 113.8% and total cumulative return in cash records $69,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,464/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2006
4,290 sqft lot
$N/A/sqft
$728 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77073, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,781 (100%) |
| Owner Occupied HU | 8,928 (53.2%) |
| Renter Occupied HU | 6,564 (39.1%) |
| Vacant Housing Units | 1,289 ( 7.7%) |
| Median Home Value | $211,779 |
| Average Home Value | $253,934 |
Housing Distribution
Address Breakdown
Residential
14,839
Single Family
11,089
Multi-Family
3,750
Businesses
810
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Listed by: Robert Wells, II • StarCrest Realty
Mls Name: HAR
Mls Provider:
Mls ID: #47381372
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