10307 Rippling Fields DrHoustonTX77064
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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
Rental property for sale in Houston at 10307 Rippling Fields Dr, Houston, TX, 77064 generates $1,607/mo in rent, after a $1,148/mo payment. Total monthly income is $1,607/mo. Return on cash invested sits at 18.44% in year one, and rental yield is 8.22% on a $234,650 entry. Equity gained on principal adds $1,514/yr, while 5% annual appreciation builds toward $64,829 over five years. Five-year ROI reaches 96.36% and total cumulative return in cash sums $74,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,607/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,244 sqft lot
$N/A/sqft
$407 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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Listed by: Robert Lee • Mainstay Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #28705352
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