1996 Honey Meadow LnHoustonTX77089
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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 1996 Honey Meadow Ln, Houston, TX, 77089 generates $3,208/mo in rent and, after a $1,908/mo payment, leaves $361/mo in cash flow. Total monthly income is $3,208/mo, and annual cash flow is $4,329/yr on $129,252 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 9.87% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 122.25% and total cumulative return in cash sums $158,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,208/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
8,324 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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Listed by: Arman Jafari • Persepolis Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #71388294
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