2838 McCulloch CirHoustonTX77056
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 2838 McCulloch Cir, Houston, TX, 77056 at $675,000 posts ROI 30.5% with $1,932/mo cash flow from $7,073/mo rent. Total monthly income equals $7,073/mo, and annual cash flow records $23,186/yr on $222,075 to close. Return on cash invested measures 30.5% and rental yield reads 12.57% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 161.51% and total cumulative return in cash totals $358,671.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
4,029 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sammy Younis • RE/MAX Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #22467366
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.