17138 Forest Trail DrChannelviewTX77530
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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 Channelview at 17138 Forest Trail Dr, Channelview, TX, 77530 offers a 9.02% rental yield on a $120,000 purchase with $902/mo rent. Total monthly income registers $902/mo, and a $587/mo payment leaves $49/mo available for distribution. Annual cash flow reaches $588/yr on $39,780 to close, and return on cash invested stands at 21.39% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 111.96% and total cumulative return in cash at $44,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
7,540 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77530, Channelview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,617 (100%) |
| Owner Occupied HU | 7,363 (63.4%) |
| Renter Occupied HU | 3,581 (30.8%) |
| Vacant Housing Units | 673 ( 5.8%) |
| Median Home Value | $216,238 |
| Average Home Value | $308,495 |
Housing Distribution
Address Breakdown
Residential
10,464
Single Family
10,059
Multi-Family
405
Businesses
833
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Listed by: Aaron Jistel • Listing Spark
Mls Name: HAR
Mls ID: #94293709