10315 Carthage DrHoustonTX77089
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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 10315 Carthage Dr, Houston, TX, 77089 listed at $255,000 pairs $2,293/mo rent with a $1,248/mo payment to leave $480/mo cash flow. Total monthly income runs $2,293/mo, and annual cash flow reaches $5,757/yr on $84,533 cash to close. Return on cash invested measures 26.72% in year one, and rental yield registers 10.79% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 140.56% and total cumulative return in cash totals $118,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,293/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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