16219 Cavendish DrHoustonTX77059
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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 16219 Cavendish Dr, Houston, TX, 77059 uses $97,461 cash to close to unlock $7,216/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $2,692/mo, and a $1,439/mo payment keeps the spread at $601/mo. Purchase price stands at $294,000, and rental yield measures 10.99% with $2,692/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $81,227 over five years. Five-year ROI reaches 143.79% and total cumulative return in cash records $140,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,692/mo property income covering a $1,439/mo payment rather than investor’s personal income.
Single Family
Built in 1973
6,869 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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