16610 Cairngrove LnHoustonTX77084
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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
Investment property for sale in Houston at 16610 Cairngrove Ln, Houston, TX, 77084 earns $483/mo cash flow from $2,048/mo rent with a $1,077/mo payment. Total monthly income totals $2,048/mo, and annual cash flow totals $5,800/yr on $72,930 capital. ROI tracks 27.86% on current figures, and rental yield reads 11.17% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 146.75% and total cumulative return in cash sums $107,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,048/mo property income instead of your personal income.
Townhouse
Built in 2002
2,739 sqft 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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