1339 Heathwick LnHoustonTX77043
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
Rental property for sale in Houston at 1339 Heathwick Ln, Houston, TX, 77043 offers $6,702/mo rent that, after a $3,402/mo payment, leaves $1,691/mo cash flow. Total monthly income is $6,702/mo, and annual cash flow is $20,288/yr on $228,655 cash. Return on cash invested measures 28.93% in year one, and rental yield stands at 11.57% at a $695,000 entry. Equity gained on principal adds $4,485/yr while 5% annual appreciation compounds into $192,016 by year five. Five-year ROI records 152.55% and total cumulative return in cash reaches $348,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,702/mo property income versus a $3,402/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10,036 sqft lot
$N/A/sqft
$825 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Huntoon • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #47552568
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.