2042 Mickle Creek DrHoustonTX77049
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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
Investment property for sale in Houston at 2042 Mickle Creek Dr, Houston, TX, 77049 offers a 14.55% rental yield on a $334,900 purchase with $4,061/mo rent. Total monthly income registers $4,061/mo, and a $1,639/mo payment leaves $1,630/mo available for distribution. Annual cash flow reaches $19,556/yr on $111,019 to close, and return on cash invested stands at 37.52% in year one. Equity gained on principal adds $2,161/yr while 5% annual appreciation supports $92,527 over five years. Portfolio math shows five-year ROI at 198.71% and total cumulative return in cash at $220,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,061/mo property income against a $1,639/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,039 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77049, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 8,143 (61.6%) |
| Renter Occupied HU | 4,292 (32.5%) |
| Vacant Housing Units | 775 ( 5.9%) |
| Median Home Value | $241,202 |
| Average Home Value | $295,661 |
Housing Distribution
Address Breakdown
Residential
13,446
Single Family
9,892
Multi-Family
3,554
Businesses
597
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Listed by: Lorannette Lewis • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #85478083
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