3002 Skyline Mesa DrHoustonTX77051
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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
Rental property for sale in Houston at 3002 Skyline Mesa Dr, Houston, TX, 77051 generates $2,822/mo in rent and, after a $1,615/mo payment, leaves $476/mo in cash flow. Total monthly income is $2,822/mo, and annual cash flow is $5,706/yr on $109,395 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 10.26% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 132.04% and total cumulative return in cash sums $144,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,822/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Housing Distribution
Address Breakdown
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
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