1409 Cheston DrHoustonTX77029
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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 1409 Cheston Dr, Houston, TX, 77029 generates $2,262/mo in rent and, after a $1,366/mo payment, leaves $278/mo in cash flow. Total monthly income is $2,262/mo, and annual cash flow is $3,331/yr on $92,489 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 9.73% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash sums $114,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
5,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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