16403 Old Saybrook DrHoustonTX77084
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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
Rental property for sale in Houston at 16403 Old Saybrook Dr, Houston, TX, 77084 generates $3,624/mo in rent and, after a $2,129/mo payment, leaves $531/mo in cash flow. Total monthly income is $3,624/mo, and annual cash flow is $6,369/yr on $144,203 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 10% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $184,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,624/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
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