1905 Norcrest DrHoustonTX77055
Nearby investment properties with comparable rents
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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
Rental property for sale in Houston at 1905 Norcrest Dr, Houston, TX, 77055 offers $3,930/mo rent that, after a $5,575/mo payment. Total monthly income is $3,930/mo. Return on cash invested measures 6.81% in year one, and rental yield stands at 4.14% at a $1,139,000 entry. Equity gained on principal adds $7,350/yr while 5% annual appreciation compounds into $314,685 by year five. Five-year ROI records 33.75% and total cumulative return in cash reaches $124,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,930/mo property income versus a $5,575/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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Listed by: Mel Reyna • The Reyna Group
Mls Name: HAR
Mls Provider:
Mls ID: #85924085
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