1906 Summer Night DrHoustonTX77073
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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 1906 Summer Night Dr, Houston, TX, 77073 priced at $250,980 converts $2,160/mo rent into $376/mo cash flow after a $1,228/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $4,508/yr on $83,200 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 10.33% against a $250,980 entry. Equity gained on principal adds $1,620/yr, while 5% annual appreciation compiles into $69,341 by year five. Five-year ROI reaches 133.13% and total cumulative return in cash sums $110,766. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,228/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77073, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,781 (100%) |
| Owner Occupied HU | 8,928 (53.2%) |
| Renter Occupied HU | 6,564 (39.1%) |
| Vacant Housing Units | 1,289 ( 7.7%) |
| Median Home Value | $211,779 |
| Average Home Value | $253,934 |
Housing Distribution
Address Breakdown
Residential
14,839
Single Family
11,089
Multi-Family
3,750
Businesses
810
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