1822 Karsen DrHoustonTX77049
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 1822 Karsen Dr, Houston, TX, 77049 offers a 11.77% rental yield on a $259,900 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $1,272/mo payment leaves $702/mo available for distribution. Annual cash flow reaches $8,423/yr on $86,157 to close, and return on cash invested stands at 29.68% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 156.47% and total cumulative return in cash at $134,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,385 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77049, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 8,143 (61.6%) |
| Renter Occupied HU | 4,292 (32.5%) |
| Vacant Housing Units | 775 ( 5.9%) |
| Median Home Value | $241,202 |
| Average Home Value | $295,661 |
Housing Distribution
Address Breakdown
Residential
13,446
Single Family
9,892
Multi-Family
3,554
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices