15606 Fox Springs DrHoustonTX77084
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
Rental property for sale in Houston at 15606 Fox Springs Dr, Houston, TX, 77084 priced at $285,000 converts $3,991/mo rent into $1,850/mo cash flow after a $1,395/mo obligation. Total monthly income equals $3,991/mo, and annual cash flow totals $22,201/yr on $94,478 invested. Return on cash invested prints 43.41% in year one, and rental yield reads 16.8% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 230.64% and total cumulative return in cash sums $217,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,991/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1987
9,029 sqft lot
$N/A/sqft
$475 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Schweiker • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #97826193
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.