10218 Meadow Lake LnHoustonTX77042
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
Investment property for sale in Houston at 10218 Meadow Lake Ln, Houston, TX, 77042 at $650,000 posts ROI 31.31% with $2,004/mo cash flow from $6,688/mo rent. Total monthly income equals $6,688/mo, and annual cash flow records $24,049/yr on $213,850 to close. Return on cash invested measures 31.31% and rental yield reads 12.35% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 165.28% and total cumulative return in cash totals $353,462.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,688/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
8,163 sqft 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
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Listed by: J.P. Bowers • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #60229319
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