2379 Briarwest Blvd UNIT 21HoustonTX77077
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2379 Briarwest Blvd UNIT 21, Houston, TX, 77077 generates $2,279/mo in rent and, after a $1,042/mo payment, leaves $500/mo in cash flow. Total monthly income is $2,279/mo, and annual cash flow is $5,996/yr on $70,576 invested. Return on cash invested sits at 28.4% in year one, and rental yield is 12.85% on a $212,900 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,820 over five years. Five-year ROI reaches 151.26% and total cumulative return in cash sums $106,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,279/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
2.93 Acres lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Housing Distribution
Address Breakdown
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices