15360 Chipman Ln #5360HoustonTX77060
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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 15360 Chipman Ln #5360, Houston, TX, 77060 earns from $1,053/mo rent with a $661/mo payment. Total monthly income totals $1,053/mo. ROI tracks 17.97% on current figures, and rental yield reads 9.36% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 95.27% and total cumulative return in cash sums $42,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,053/mo property income instead of your personal income.
Condo
Built in 1972
33.09 Acres lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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Listed by: Laura Rodriguez • Executive Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #70921415
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