16538 Park Scot DrHoustonTX77084
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 16538 Park Scot Dr, Houston, TX, 77084 offers $1,713/mo rent that, after a $1,221/mo payment. Total monthly income is $1,713/mo. Return on cash invested measures 18.59% in year one, and rental yield stands at 8.24% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 97.12% and total cumulative return in cash reaches $80,325. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,713/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
6,298 sqft lot
$N/A/sqft
$360 annually 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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Listed by: Amanda Shoto • Keller Williams Houston Central
Mls Name: HAR
Mls Provider:
Mls ID: #59907789
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