1522 New Urban WayHoustonTX77047
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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 1522 New Urban Way, Houston, TX, 77047 uses $109,064 cash to close to unlock $6,789/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $2,905/mo, and a $1,610/mo payment keeps the spread at $566/mo. Purchase price stands at $329,000, and rental yield measures 10.6% with $2,905/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 137.44% and total cumulative return in cash records $149,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,905/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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