3023 Sedgeborough DrHoustonTX77084
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 3023 Sedgeborough Dr, Houston, TX, 77084 uses $166,639 cash to close to unlock $25,019/yr annual cash flow and $2,085/mo monthly cash flow. Total monthly income runs $5,740/mo, and a $2,479/mo payment keeps the spread at $2,085/mo. Purchase price stands at $506,500, and rental yield measures 13.6% with $5,740/mo rent. Return on cash invested shows 35.07% in year one, and 5% annual appreciation builds toward $139,937 over five years. Five-year ROI reaches 185.49% and total cumulative return in cash records $309,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,740/mo property income covering a $2,479/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$640 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lance Loken • Keller Williams Platinum
Mls Name: HAR
Mls Provider:
Mls ID: #96598547
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.