15919 Parksley 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
Rental property for sale in Houston at 15919 Parksley Dr, Houston, TX, 77059 generates $2,466/mo in rent and, after a $1,327/mo payment, leaves $501/mo in cash flow. Total monthly income is $2,466/mo, and annual cash flow is $6,013/yr on $89,870 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 10.92% on a $271,100 entry. Equity gained on principal adds $1,749/yr, while 5% annual appreciation builds toward $74,900 over five years. Five-year ROI reaches 140.16% and total cumulative return in cash sums $125,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,466/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
7,101 sqft lot
$N/A/sqft
$37 monthly 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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