1503 Loxley DrHoustonTX77014
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 1503 Loxley Dr, Houston, TX, 77014 uses $77,903 cash to close to unlock $1,729/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,848/mo, and a $1,150/mo payment keeps the spread at $144/mo. Purchase price stands at $235,000, and rental yield measures 9.44% with $1,848/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 116.21% and total cumulative return in cash records $90,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,848/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,911 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77014, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 5,614 (40.4%) |
| Renter Occupied HU | 7,254 (52.2%) |
| Vacant Housing Units | 1,029 ( 7.4%) |
| Median Home Value | $254,447 |
| Average Home Value | $268,012 |
Housing Distribution
Address Breakdown
Residential
12,827
Single Family
7,161
Multi-Family
5,666
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices