1323 Padstow LnChannelviewTX77530
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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 1323 Padstow Ln, Channelview, TX, 77530 earns from $1,442/mo rent with a $1,038/mo payment. Total monthly income totals $1,442/mo. ROI tracks 18.78% on current figures, and rental yield reads 8.16% at a $212,100 purchase. Equity gained on principal adds $1,369/yr, and 5% annual appreciation supports $58,599 over five years. Five-year ROI reaches 98% and total cumulative return in cash sums $68,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,442/mo property income instead of your personal income.
Single Family
Built in 1977
7,405 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: Lina Nunez • Southern Star Realty
Mls Name: HAR
Mls ID: #94199393