2003 Castlerock DrHoustonTX77090
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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 2003 Castlerock Dr, Houston, TX, 77090 generates $7,672/mo in rent and, after a $1,957/mo payment, leaves $4,787/mo in cash flow. Total monthly income is $7,672/mo, and annual cash flow is $57,443/yr on $132,567 invested. Return on cash invested sits at 63.24% in year one, and rental yield is 23.02% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 336.54% and total cumulative return in cash sums $446,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,672/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,619 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
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Listed by: Carla Wade • Vive Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #36421433
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