310 W Fair Harbor LnHoustonTX77079
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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 310 W Fair Harbor Ln, Houston, TX, 77079 priced at $405,000 converts $4,033/mo rent into $1,153/mo cash flow after a $1,982/mo obligation. Total monthly income equals $4,033/mo, and annual cash flow totals $13,839/yr on $134,258 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 11.95% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 159.34% and total cumulative return in cash sums $213,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,033/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1978
5,527 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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