10123 Grover LnHoustonTX77041
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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 10123 Grover Ln, Houston, TX, 77041 uses $37,353 cash to close to unlock $29,199/yr annual cash flow and $2,433/mo monthly cash flow. Total monthly income runs $3,235/mo, and a $552/mo payment keeps the spread at $2,433/mo. Purchase price stands at $112,680, and rental yield measures 34.45% with $3,235/mo rent. Return on cash invested shows 98.08% in year one, and 5% annual appreciation builds toward $31,131 over five years. Five-year ROI reaches 523.33% and total cumulative return in cash records $195,481. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,235/mo property income covering a $552/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
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