1613 Saxony LnHoustonTX77058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Houston at 1613 Saxony Ln, Houston, TX, 77058 earns $2,614/mo cash flow from $4,501/mo rent with a $1,297/mo payment. Total monthly income totals $4,501/mo, and annual cash flow totals $31,372/yr on $87,814 capital. ROI tracks 55.63% on current figures, and rental yield reads 20.39% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 295.68% and total cumulative return in cash sums $259,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,501/mo property income instead of your personal income.
Townhouse
Built in 1976
3,000 sqft lot
$N/A/sqft
$30 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Coleen Ethridge • CAMM Group, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #85096978
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.