17314 Cedar Placid LnHoustonTX77068
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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 17314 Cedar Placid Ln, Houston, TX, 77068 uses $261,226 cash to close to unlock $17,916/yr annual cash flow and $1,493/mo monthly cash flow. Total monthly income runs $7,139/mo, and a $3,886/mo payment keeps the spread at $1,493/mo. Purchase price stands at $794,000, and rental yield measures 10.79% with $7,139/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $219,368 over five years. Five-year ROI reaches 141.6% and total cumulative return in cash records $369,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,139/mo property income covering a $3,886/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
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