16019 Cavendish 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 16019 Cavendish Dr, Houston, TX, 77059 generates $1,783/mo in rent and, after a $1,224/mo payment, leaves $5/mo in cash flow. Total monthly income is $1,783/mo, and annual cash flow is $58/yr on $82,875 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 8.56% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.42% and total cumulative return in cash sums $86,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
7,588 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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