1703 Eado Point LnHoustonTX77003
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
Investment property for sale in Houston at 1703 Eado Point Ln, Houston, TX, 77003 uses $165,717 cash to close to unlock $22,648/yr annual cash flow and $1,887/mo monthly cash flow. Total monthly income runs $5,592/mo, and a $2,447/mo payment keeps the spread at $1,887/mo. Purchase price stands at $499,900, and rental yield measures 13.42% with $5,592/mo rent. Return on cash invested shows 33.58% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 177.74% and total cumulative return in cash records $294,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,592/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2017
1,550 sqft lot
$N/A/sqft
$1,195 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Housing Distribution
Address Breakdown
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
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Listed by: TJ Saenz • JPAR - The Sears Group
Mls Name: HAR
Mls Provider:
Mls ID: #30399050
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