1603 Chestnut Ridge RdHumbleTX77339
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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 Humble at 1603 Chestnut Ridge Rd, Humble, TX, 77339 generates $1,892/mo in rent, after a $1,322/mo payment. Total monthly income is $1,892/mo. Return on cash invested sits at 19.53% in year one, and rental yield is 8.41% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 102.03% and total cumulative return in cash sums $91,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77339, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,546 (100%) |
| Owner Occupied HU | 11,162 (57.1%) |
| Renter Occupied HU | 6,644 (34.0%) |
| Vacant Housing Units | 1,740 ( 8.9%) |
| Median Home Value | $311,098 |
| Average Home Value | $348,976 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
12,198
Multi-Family
6,299
Businesses
1,507
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