230 Princess DrHoustonTX77034
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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 230 Princess Dr, Houston, TX, 77034 priced at $329,900 converts $2,952/mo rent into $606/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,952/mo, and annual cash flow totals $7,269/yr on $109,362 invested. Return on cash invested prints 26.56% in year one, and rental yield reads 10.74% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 139.69% and total cumulative return in cash sums $152,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,952/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1957
7,714 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77034, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 6,048 (45.8%) |
| Renter Occupied HU | 5,720 (43.3%) |
| Vacant Housing Units | 1,429 (10.8%) |
| Median Home Value | $217,337 |
| Average Home Value | $231,408 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
7,438
Multi-Family
6,183
Businesses
1,234
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