13603 Highland Cove DrHoustonTX77070
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 13603 Highland Cove Dr, Houston, TX, 77070 offers $4,966/mo rent that, after a $2,203/mo payment, leaves $1,676/mo cash flow. Total monthly income is $4,966/mo, and annual cash flow is $20,106/yr on $149,175 cash. Return on cash invested measures 33.39% in year one, and rental yield stands at 13.24% at a $449,999 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,326 by year five. Five-year ROI records 176.61% and total cumulative return in cash reaches $263,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,966/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
9,125 sqft lot
$N/A/sqft
$1,080 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Housing Distribution
Address Breakdown
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
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Listed by: Fernanda Galvan • Step Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #8886378
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