15802 Mill Point DrHoustonTX77059
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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 15802 Mill Point Dr, Houston, TX, 77059 earns $326/mo cash flow from $2,669/mo rent with a $1,613/mo payment. Total monthly income totals $2,669/mo, and annual cash flow totals $3,907/yr on $109,229 capital. ROI tracks 23.49% on current figures, and rental yield reads 9.72% at a $329,500 purchase. Equity gained on principal adds $2,126/yr, and 5% annual appreciation supports $91,035 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash sums $134,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,669/mo property income instead of your personal income.
Single Family
Built in 1976
7,474 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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