1507 Red Acer DrHoustonTX77084
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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 1507 Red Acer Dr, Houston, TX, 77084 earns $3,191/mo cash flow from $6,029/mo rent with a $1,903/mo payment. Total monthly income totals $6,029/mo, and annual cash flow totals $38,294/yr on $128,894 capital. ROI tracks 49.62% on current figures, and rental yield reads 18.61% at a $388,820 purchase. Equity gained on principal adds $2,509/yr, and 5% annual appreciation supports $107,424 over five years. Five-year ROI reaches 263.63% and total cumulative return in cash sums $339,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,029/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$875 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
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Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #53221395
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