1606 Willowby DrHoustonTX77008
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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 1606 Willowby Dr, Houston, TX, 77008 priced at $599,977 pairs $3,600/mo rent with after a $2,937/mo payment. Total monthly income equals $3,600/mo. Return on cash invested is 16.01% in year one, and rental yield stands at 7.2% on a $599,977 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,763 by year five. Five-year ROI measures 83.11% and total cumulative return in cash reaches $164,056. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
6,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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Listed by: Derek Wells • NextHome Platinum Realty
Mls Name: HAR
Mls Provider:
Mls ID: #29902327
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