2203 Penny Derrick LnHoustonTX77055
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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 2203 Penny Derrick Ln, Houston, TX, 77055 listed at $349,700 pairs $6,271/mo rent with a $1,712/mo payment to leave $3,634/mo cash flow. Total monthly income runs $6,271/mo, and annual cash flow reaches $43,606/yr on $115,926 cash to close. Return on cash invested measures 57.52% in year one, and rental yield registers 21.52% at a $349,700 basis. Equity gained on principal adds $2,257/yr, and annual property appreciation at 5% supports $96,616 by year five. Five-year ROI tracks 306.32% and total cumulative return in cash totals $355,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,271/mo property income relative to a $1,712/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
1,634 sqft lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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Listed by: Michael Afshari • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #64556853
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