15507 Miller House LnHoustonTX77086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15507 Miller House Ln, Houston, TX, 77086 uses $87,848 cash to close to unlock $8,071/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,557/mo, and a $1,297/mo payment keeps the spread at $673/mo. Purchase price stands at $265,000, and rental yield measures 11.58% with $2,557/mo rent. Return on cash invested shows 29.1% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 153.32% and total cumulative return in cash records $134,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,557/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4,826 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77086, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 4,616 (49.4%) |
| Renter Occupied HU | 4,238 (45.4%) |
| Vacant Housing Units | 487 ( 5.2%) |
| Median Home Value | $214,389 |
| Average Home Value | $254,623 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
6,758
Multi-Family
1,873
Businesses
1,019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices