2823 Shadowdale DrHoustonTX77043
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 2823 Shadowdale Dr, Houston, TX, 77043 at $699,900 posts ROI 22.2% with $412/mo cash flow from $5,419/mo rent. Total monthly income equals $5,419/mo, and annual cash flow records $4,939/yr on $230,267 to close. Return on cash invested measures 22.2% and rental yield reads 9.29% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 116.4% and total cumulative return in cash totals $268,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
7,701 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Culbertson • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #17062633
Disclaimer: Copyright 2024, 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.