10315 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 10315 Rippling Fields Dr, Houston, TX, 77064 priced at $330,888 converts $3,629/mo rent into $1,248/mo cash flow after a $1,620/mo obligation. Total monthly income equals $3,629/mo, and annual cash flow totals $14,981/yr on $109,689 invested. Return on cash invested prints 33.57% in year one, and rental yield reads 13.16% against a $330,888 entry. Equity gained on principal adds $2,135/yr, while 5% annual appreciation compiles into $91,418 by year five. Five-year ROI reaches 177.42% and total cumulative return in cash sums $194,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,629/mo property income covering a $1,620/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,244 sqft lot
$N/A/sqft
$325 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: Danielle Kim • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #92619480
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