1609 Cherokee StDeer ParkTX77536
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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 Deer Park at 1609 Cherokee St, Deer Park, TX, 77536 generates $2,556/mo in rent, after a $1,835/mo payment. Total monthly income is $2,556/mo. Return on cash invested sits at 18.84% in year one, and rental yield is 8.18% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 98.34% and total cumulative return in cash sums $122,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,556/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,487 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77536, Deer Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,640 (100%) |
| Owner Occupied HU | 8,932 (70.7%) |
| Renter Occupied HU | 3,091 (24.5%) |
| Vacant Housing Units | 617 ( 4.9%) |
| Median Home Value | $306,960 |
| Average Home Value | $333,918 |
Housing Distribution
Address Breakdown
Residential
12,004
Single Family
10,514
Multi-Family
1,490
Businesses
998
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