1705 Salem DrDeer ParkTX77536
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 Deer Park at 1705 Salem Dr, Deer Park, TX, 77536 offers a 8.57% rental yield on a $255,000 purchase with $1,821/mo rent. Total monthly income registers $1,821/mo, and a $1,248/mo payment leaves $8/mo available for distribution. Annual cash flow reaches $93/yr on $84,533 to close, and return on cash invested stands at 20.02% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 104.66% and total cumulative return in cash at $88,472. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,821/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,956 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77536, Deer Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,640 (100%) |
| Owner Occupied HU | 8,932 (70.7%) |
| Renter Occupied HU | 3,091 (24.5%) |
| Vacant Housing Units | 617 ( 4.9%) |
| Median Home Value | $306,960 |
| Average Home Value | $333,918 |
Housing Distribution
Address Breakdown
Residential
12,004
Single Family
10,514
Multi-Family
1,490
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanessa Fuentes • The Agave Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #89521709
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.