1055 Rancho Grande DrChannelviewTX77530
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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 Channelview at 1055 Rancho Grande Dr, Channelview, TX, 77530 uses $93,483 cash to close to unlock $6,083/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $2,512/mo, and a $1,380/mo payment keeps the spread at $507/mo. Purchase price stands at $282,000, and rental yield measures 10.69% with $2,512/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 138.94% and total cumulative return in cash records $129,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,512/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 2018
5,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77530, Channelview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,617 (100%) |
| Owner Occupied HU | 7,363 (63.4%) |
| Renter Occupied HU | 3,581 (30.8%) |
| Vacant Housing Units | 673 ( 5.8%) |
| Median Home Value | $216,238 |
| Average Home Value | $308,495 |
Housing Distribution
Address Breakdown
Residential
10,464
Single Family
10,059
Multi-Family
405
Businesses
833
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Listed by: Nicole Hey • LPT Realty, LLC
Mls Name: HAR
Mls ID: #89036334