2006 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 2006 Summer Night Dr, Houston, TX, 77073 priced at $246,100 converts $3,382/mo rent into $1,592/mo cash flow after a $1,205/mo obligation. Total monthly income equals $3,382/mo, and annual cash flow totals $19,103/yr on $81,582 invested. Return on cash invested prints 43.32% in year one, and rental yield reads 16.49% against a $246,100 entry. Equity gained on principal adds $1,588/yr, while 5% annual appreciation compiles into $67,993 by year five. Five-year ROI reaches 229.83% and total cumulative return in cash sums $187,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,382/mo property income covering a $1,205/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
$475 annually 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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Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #9357173
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