2802 Star Sky WayHoustonTX77045
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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
Investment property for sale in Houston at 2802 Star Sky Way, Houston, TX, 77045 uses $127,628 cash to close to unlock $1,111/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,830/mo, and a $1,884/mo payment keeps the spread at $93/mo. Purchase price stands at $385,000, and rental yield measures 8.82% with $2,830/mo rent. Return on cash invested shows 20.78% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash records $138,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,830/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77045, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,692 (100%) |
| Owner Occupied HU | 6,933 (59.3%) |
| Renter Occupied HU | 4,164 (35.6%) |
| Vacant Housing Units | 595 ( 5.1%) |
| Median Home Value | $169,660 |
| Average Home Value | $221,768 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
9,529
Multi-Family
2,342
Businesses
965
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