21202 Northern Light 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 21202 Northern Light Dr, Houston, TX, 77073 generates $2,160/mo in rent and, after a $1,215/mo payment, leaves $395/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $4,736/yr on $82,303 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 10.44% on a $248,275 entry. Equity gained on principal adds $1,602/yr, while 5% annual appreciation builds toward $68,594 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash sums $111,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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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