15022 Chipman LnHoustonTX77060
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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
Investment property for sale in Houston at 15022 Chipman Ln, Houston, TX, 77060 listed at $245,000 pairs $2,095/mo rent with a $1,199/mo payment to leave $353/mo cash flow. Total monthly income runs $2,095/mo, and annual cash flow reaches $4,235/yr on $81,218 cash to close. Return on cash invested measures 25.12% in year one, and rental yield registers 10.26% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 132% and total cumulative return in cash totals $107,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,095/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
5,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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