2014 Groveland Glen DrHoustonTX77051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Houston at 2014 Groveland Glen Dr, Houston, TX, 77051 offers a 11.74% rental yield on a $449,017 purchase with $4,392/mo rent. Total monthly income registers $4,392/mo, and a $2,198/mo payment leaves $1,199/mo available for distribution. Annual cash flow reaches $14,384/yr on $148,849 to close, and return on cash invested stands at 29.57% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,055 over five years. Portfolio math shows five-year ROI at 155.87% and total cumulative return in cash at $232,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,392/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Housing Distribution
Address Breakdown
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
