1643 Chart DrCrosbyTX77532
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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 Crosby at 1643 Chart Dr, Crosby, TX, 77532 generates $4,723/mo in rent and, after a $2,545/mo payment, leaves $1,026/mo in cash flow. Total monthly income is $4,723/mo, and annual cash flow is $12,307/yr on $171,047 invested. Return on cash invested sits at 27.26% in year one, and rental yield is 10.9% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash sums $245,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,723/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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