2610 Cabin Cove LnHoustonTX77038
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 2610 Cabin Cove Ln, Houston, TX, 77038 uses $99,417 cash to close to unlock $6,461/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $2,717/mo, and a $1,468/mo payment keeps the spread at $538/mo. Purchase price stands at $299,900, and rental yield measures 10.87% with $2,717/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 139.13% and total cumulative return in cash records $138,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,717/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,105 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77038, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,829 (100%) |
| Owner Occupied HU | 5,002 (50.9%) |
| Renter Occupied HU | 4,388 (44.6%) |
| Vacant Housing Units | 439 ( 4.5%) |
| Median Home Value | $226,634 |
| Average Home Value | $311,773 |
Housing Distribution
Address Breakdown
Residential
9,283
Single Family
6,957
Multi-Family
2,326
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Escamilla • Coldwell Banker Realty - Bellaire-Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #47727020
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.