2003 Place Rebecca Ln UNIT 1EHoustonTX77090
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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 Place Rebecca Ln UNIT 1E, Houston, TX, 77090 generates $941/mo in rent, after a $578/mo payment. Total monthly income is $941/mo. Return on cash invested sits at 14.58% in year one, and rental yield is 9.57% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 78.63% and total cumulative return in cash sums $30,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.
Condo
Built in 1980
6.52 Acres lot
$N/A/sqft
$275 monthly 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: Scott Johnson • Ambrosi Realty, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #94957537
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