1517 Grayson Oaks PlHoustonTX77043
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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 Houston at 1517 Grayson Oaks Pl, Houston, TX, 77043 offers $4,818/mo rent that, after a $1,708/mo payment, leaves $2,255/mo cash flow. Total monthly income is $4,818/mo, and annual cash flow is $27,062/yr on $115,694 cash. Return on cash invested measures 43.3% in year one, and rental yield stands at 16.57% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 229.83% and total cumulative return in cash reaches $265,896. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,818/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1,886 sqft lot
$N/A/sqft
$975 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
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Listed by: Mark Nowell • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #15786220
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