2423 Prides Crossing RdHoustonTX77067
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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 2423 Prides Crossing Rd, Houston, TX, 77067 generates $2,172/mo in rent and, after a $1,125/mo payment, leaves $537/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $6,449/yr on $76,212 invested. Return on cash invested sits at 28.37% in year one, and rental yield is 11.34% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 149.46% and total cumulative return in cash sums $113,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77067, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 4,473 (43.2%) |
| Renter Occupied HU | 5,243 (50.6%) |
| Vacant Housing Units | 647 ( 6.2%) |
| Median Home Value | $211,846 |
| Average Home Value | $237,013 |
Housing Distribution
Address Breakdown
Residential
10,590
Single Family
5,689
Multi-Family
4,901
Businesses
642
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