10307 Shady River DrHoustonTX77042
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 10307 Shady River Dr, Houston, TX, 77042 priced at $750,000 converts $6,240/mo rent into $844/mo cash flow after a $3,671/mo obligation. Total monthly income equals $6,240/mo, and annual cash flow totals $10,133/yr on $246,750 invested. Return on cash invested prints 24.17% in year one, and rental yield reads 9.98% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 126.97% and total cumulative return in cash sums $313,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,240/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.27 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
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Listed by: Cheryl Ford • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #20082469
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