16315 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
Rental property for sale in Houston at 16315 Havenhurst Dr, Houston, TX, 77059 priced at $289,900 converts $4,166/mo rent into $2,065/mo cash flow after a $1,419/mo obligation. Total monthly income equals $4,166/mo, and annual cash flow totals $24,783/yr on $96,102 invested. Return on cash invested prints 45.7% in year one, and rental yield reads 17.24% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 242.56% and total cumulative return in cash sums $233,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,166/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,871 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
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Listed by: Patricia Woldtvedt • Keller Williams Realty Clear Lake / NASA
Mls Name: HAR
Mls Provider:
Mls ID: #42471786
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