16902 Walnut Pond CtHoustonTX77059
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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 16902 Walnut Pond Ct, Houston, TX, 77059 with 5% annual appreciation on a $455,000 basis while $5,921/mo rent supports operations. Total monthly income totals $5,921/mo and a $2,227/mo payment preserves $2,619/mo for cash returns. Annual cash flow comes to $31,430/yr on $150,833 deployed, and return on cash invested reaches 40.75% in year one. Equity gained on principal adds $2,936/yr, and five-year appreciation sums $125,708 alongside rental yield of 15.62%. Five-year ROI measures 216% and total cumulative return in cash totals $325,804.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,921/mo property income versus a $2,227/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
9,226 sqft lot
$N/A/sqft
$795 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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Listed by: Gretchen Umberger • Better Homes and Gardens Real Estate Gary Greene - Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #68582345
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