16017 Congo LnJersey VillageTX77040
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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 Jersey Village at 16017 Congo Ln, Jersey Village, TX, 77040 earns $868/mo cash flow from $5,490/mo rent with a $3,181/mo payment. Total monthly income totals $5,490/mo, and annual cash flow totals $10,418/yr on $213,850 capital. ROI tracks 24.93% on current figures, and rental yield reads 10.14% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 130.98% and total cumulative return in cash sums $280,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,490/mo property income instead of your personal income.
Single Family
Built in 2015
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77040, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,233 (100%) |
| Owner Occupied HU | 9,849 (51.2%) |
| Renter Occupied HU | 8,583 (44.6%) |
| Vacant Housing Units | 801 ( 4.2%) |
| Median Home Value | $296,605 |
| Average Home Value | $322,592 |
Housing Distribution
Address Breakdown
Residential
18,335
Single Family
11,467
Multi-Family
6,868
Businesses
2,235
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Listed by: Alma Starr • FYI Realty - Humble
Mls Name: HAR
Mls ID: #25407617