13308 Newcastle Creek CtHoustonTX77059
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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
Rental property for sale in Houston at 13308 Newcastle Creek Ct, Houston, TX, 77059 generates $4,856/mo in rent, after a $4,527/mo payment. Total monthly income is $4,856/mo. Return on cash invested sits at 12.96% in year one, and rental yield is 6.3% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 66.88% and total cumulative return in cash sums $203,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,856/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,117 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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Listed by: Rita Armstrong • UTR TEXAS, REALTORS
Mls Name: HAR
Mls Provider:
Mls ID: #51352208
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