2429 Baycrest DrHoustonTX77058
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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 2429 Baycrest Dr, Houston, TX, 77058 generates $2,968/mo in rent and, after a $1,835/mo payment, leaves $302/mo in cash flow. Total monthly income is $2,968/mo, and annual cash flow is $3,621/yr on $124,313 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 9.5% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 119.67% and total cumulative return in cash sums $148,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,968/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
6,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
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