16143 New Field DrHoustonTX77082
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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
Investment property for sale in Houston at 16143 New Field Dr, Houston, TX, 77082 offers a 10.3% rental yield on a $259,999 purchase with $2,232/mo rent. Total monthly income registers $2,232/mo, and a $1,273/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,412/yr on $86,190 to close, and return on cash invested stands at 25.03% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 131.59% and total cumulative return in cash at $113,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,232/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
5,174 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
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Listed by: Teresa Sanchez • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #34002101
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