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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Houston at 16642 Chinn Ridge Ln, Houston, TX, 77083 uses $96,135 cash to close to unlock $1,874/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,218/mo, and a $1,419/mo payment keeps the spread at $156/mo. Purchase price stands at $290,000, and rental yield measures 9.18% with $2,218/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash records $110,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,218/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2003
5,318 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ferrari Wong • Century 21 Olympian Area Specialists
Mls Name: HAR
Mls ID: #54622974
