16010 Rainbow Lake RdHoustonTX77095
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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 16010 Rainbow Lake Rd, Houston, TX, 77095 uses $119,340 cash to close to unlock $4,572/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $2,941/mo, and a $1,762/mo payment keeps the spread at $381/mo. Purchase price stands at $360,000, and rental yield measures 9.8% with $2,941/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $148,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,941/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1988
9,012 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77095, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,210 (100%) |
| Owner Occupied HU | 17,523 (66.9%) |
| Renter Occupied HU | 7,586 (28.9%) |
| Vacant Housing Units | 1,101 ( 4.2%) |
| Median Home Value | $314,917 |
| Average Home Value | $335,145 |
Housing Distribution
Address Breakdown
Residential
25,693
Single Family
20,074
Multi-Family
5,619
Businesses
1,242
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