2202 Rain MelodyHoustonTX77080
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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 2202 Rain Melody, Houston, TX, 77080 offers $5,960/mo rent that, after a $2,129/mo payment, leaves $2,783/mo cash flow. Total monthly income is $5,960/mo, and annual cash flow is $33,401/yr on $144,203 cash. Return on cash invested measures 43.07% in year one, and rental yield stands at 16.44% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 228.53% and total cumulative return in cash reaches $329,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,960/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,543 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
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Listed by: Sofia Rallis • Realm Real Estate Professionals - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #56880981
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