16431 Glenshannon 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 16431 Glenshannon Dr, Houston, TX, 77059 priced at $310,000 converts $4,678/mo rent into $2,432/mo cash flow after a $1,517/mo obligation. Total monthly income equals $4,678/mo, and annual cash flow totals $29,186/yr on $102,765 invested. Return on cash invested prints 48.31% in year one, and rental yield reads 18.11% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 256.57% and total cumulative return in cash sums $263,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,678/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1979
8,258 sqft lot
$N/A/sqft
$500 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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Nearby investment properties with comparable prices
Listed by: Troy Cothran • Victory Properties, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #77181007
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