307 Saddle Horn DrHoustonTX77060
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 307 Saddle Horn Dr, Houston, TX, 77060 listed at $239,500 pairs $1,677/mo rent with a $1,172/mo payment. Total monthly income runs $1,677/mo. Return on cash invested measures 19.3% in year one, and rental yield registers 8.4% at a $239,500 basis. Equity gained on principal adds $1,545/yr, and annual property appreciation at 5% supports $66,169 by year five. Five-year ROI tracks 100.86% and total cumulative return in cash totals $80,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,677/mo property income relative to a $1,172/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
7,261 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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Listed by: David Hulsey • David Hulsey, REALTORS
Mls Name: HAR
Mls Provider:
Mls ID: #32169446
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