2818 Chancery Summit CtHoustonTX77047
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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 2818 Chancery Summit Ct, Houston, TX, 77047 earns $619/mo cash flow from $3,002/mo rent with a $1,640/mo payment. Total monthly income totals $3,002/mo, and annual cash flow totals $7,433/yr on $111,053 capital. ROI tracks 26.6% on current figures, and rental yield reads 10.75% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash sums $155,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,002/mo property income instead of your personal income.
Single Family
Built in 2020
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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