16223 Havenhurst DrHoustonTX77059
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 16223 Havenhurst Dr, Houston, TX, 77059 offers a 9.77% rental yield on a $311,200 purchase with $2,534/mo rent. Total monthly income registers $2,534/mo, and a $1,523/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,384/yr on $103,163 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $2,008/yr while 5% annual appreciation supports $85,979 over five years. Portfolio math shows five-year ROI at 121.85% and total cumulative return in cash at $125,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,534/mo property income against a $1,523/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
8,376 sqft lot
$N/A/sqft
$470 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ijeoma Nwafor • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #49442581
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.