1507 Demaree LnHoustonTX77029
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 1507 Demaree Ln, Houston, TX, 77029 with 5% annual appreciation on a $174,503 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $854/mo payment preserves $439/mo for cash returns. Annual cash flow comes to $5,270/yr on $57,848 deployed, and return on cash invested reaches 29.02% in year one. Equity gained on principal adds $1,126/yr, and five-year appreciation sums $48,212 alongside rental yield of 11.55%. Five-year ROI measures 153% and total cumulative return in cash totals $88,507.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $854/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
5,832 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Cook • SWE Homes
Mls Name: HAR
Mls Provider:
Mls ID: #14316028
Disclaimer: Copyright 2025, 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.