10602 Raydell DrHoustonTX77031
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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 10602 Raydell Dr, Houston, TX, 77031 uses $95,339 cash to close to unlock $2,286/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $2,269/mo, and a $1,408/mo payment keeps the spread at $190/mo. Purchase price stands at $287,600, and rental yield measures 9.47% with $2,269/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $79,459 over five years. Five-year ROI reaches 117.09% and total cumulative return in cash records $111,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $1,408/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,143 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77031, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 2,540 (37.6%) |
| Renter Occupied HU | 3,437 (50.9%) |
| Vacant Housing Units | 770 (11.4%) |
| Median Home Value | $249,828 |
| Average Home Value | $333,168 |
Housing Distribution
Address Breakdown
Residential
6,491
Single Family
2,956
Multi-Family
3,535
Businesses
474
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