10624 Cascade Ledge LnHoustonTX77025
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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 10624 Cascade Ledge Ln, Houston, TX, 77025 uses $150,733 cash to close to unlock $19,021/yr annual cash flow and $1,585/mo monthly cash flow. Total monthly income runs $4,919/mo, and a $2,226/mo payment keeps the spread at $1,585/mo. Purchase price stands at $454,700, and rental yield measures 12.98% with $4,919/mo rent. Return on cash invested shows 32.53% in year one, and 5% annual appreciation builds toward $125,625 over five years. Five-year ROI reaches 172.03% and total cumulative return in cash records $259,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,919/mo property income covering a $2,226/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1,284 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77025, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,825 (100%) |
| Owner Occupied HU | 5,713 (34.0%) |
| Renter Occupied HU | 8,672 (51.5%) |
| Vacant Housing Units | 2,440 (14.5%) |
| Median Home Value | $560,714 |
| Average Home Value | $703,232 |
Housing Distribution
Address Breakdown
Residential
15,487
Single Family
7,493
Multi-Family
7,994
Businesses
695
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Listed by: Michael Afshari • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #53603858
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