2514 Jasmine Ridge CtHoustonTX77062
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
Investment property for sale in Houston at 2514 Jasmine Ridge Ct, Houston, TX, 77062 at $435,000 posts ROI 33.48% with $1,631/mo cash flow from $4,769/mo rent. Total monthly income equals $4,769/mo, and annual cash flow records $19,574/yr on $144,203 to close. Return on cash invested measures 33.48% and rental yield reads 13.16% at the current $435,000. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 by year five. Five-year ROI prints 177% and total cumulative return in cash totals $255,240.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
5,832 sqft lot
$N/A/sqft
$535 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
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Nearby investment properties with comparable prices
Listed by: Moselle Chapman • Greenwood King Properties - Kirby Office
Mls Name: HAR
Mls Provider:
Mls ID: #69547097
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