1502 Stevenage LnChannelviewTX77530
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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 Channelview at 1502 Stevenage Ln, Channelview, TX, 77530 generates $1,896/mo in rent and, after a $935/mo payment, leaves $538/mo in cash flow. Total monthly income is $1,896/mo, and annual cash flow is $6,451/yr on $63,317 invested. Return on cash invested sits at 30.1% in year one, and rental yield is 11.91% on a $191,000 entry. Equity gained on principal adds $1,232/yr, while 5% annual appreciation builds toward $52,770 over five years. Five-year ROI reaches 158.71% and total cumulative return in cash sums $100,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,896/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
6,394 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77530, Channelview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,617 (100%) |
| Owner Occupied HU | 7,363 (63.4%) |
| Renter Occupied HU | 3,581 (30.8%) |
| Vacant Housing Units | 673 ( 5.8%) |
| Median Home Value | $216,238 |
| Average Home Value | $308,495 |
Housing Distribution
Address Breakdown
Residential
10,464
Single Family
10,059
Multi-Family
405
Businesses
833
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Listed by: Victoria Testerman • Mainstay Brokerage, LLC
Mls Name: HAR
Mls ID: #40679108