15314 Gorham 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 15314 Gorham Dr, Houston, TX, 77084 offers a 11.92% rental yield on a $190,700 purchase with $1,894/mo rent. Total monthly income registers $1,894/mo, and a $933/mo payment leaves $393/mo available for distribution. Annual cash flow reaches $4,719/yr on $63,217 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $1,231/yr while 5% annual appreciation supports $52,687 over five years. Portfolio math shows five-year ROI at 145.13% and total cumulative return in cash at $91,744. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,894/mo property income against a $933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
1,145 sqft lot
$N/A/sqft
$145 monthly 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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