14834 Cobre Valley DrHoustonTX77062
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
Investment property for sale in Houston at 14834 Cobre Valley Dr, Houston, TX, 77062 uses $93,980 cash to close to unlock $21,301/yr annual cash flow and $1,775/mo monthly cash flow. Total monthly income runs $3,824/mo, and a $1,388/mo payment keeps the spread at $1,775/mo. Purchase price stands at $283,500, and rental yield measures 16.19% with $3,824/mo rent. Return on cash invested shows 42.57% in year one, and 5% annual appreciation builds toward $78,326 over five years. Five-year ROI reaches 225.79% and total cumulative return in cash records $212,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,824/mo property income covering a $1,388/mo payment rather than investor’s personal income.
Single Family
Built in 1987
6,015 sqft lot
$N/A/sqft
$390 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Bly • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #61365790
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.