10718 Lavender Cotton LnHoustonTX77016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 10718 Lavender Cotton Ln, Houston, TX, 77016 uses $83,999 cash to close to unlock $23,146/yr annual cash flow and $1,929/mo monthly cash flow. Total monthly income runs $3,768/mo, and a $1,240/mo payment keeps the spread at $1,929/mo. Purchase price stands at $253,390, and rental yield measures 17.84% with $3,768/mo rent. Return on cash invested shows 47.46% in year one, and 5% annual appreciation builds toward $70,007 over five years. Five-year ROI reaches 252.01% and total cumulative return in cash records $211,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,768/mo property income covering a $1,240/mo payment rather than investor’s personal income.
Single Family
Built in 2024
5,400 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77016, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,727 (100%) |
| Owner Occupied HU | 7,091 (60.5%) |
| Renter Occupied HU | 3,758 (32.0%) |
| Vacant Housing Units | 878 ( 7.5%) |
| Median Home Value | $122,354 |
| Average Home Value | $212,209 |
Housing Distribution
Address Breakdown
Residential
11,431
Single Family
10,633
Multi-Family
798
Businesses
550
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Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #42714825
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