3115 Boulder Ranch DrHoustonTX77063
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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 3115 Boulder Ranch Dr, Houston, TX, 77063 priced at $407,690 converts $4,556/mo rent into $1,657/mo cash flow after a $1,995/mo obligation. Total monthly income equals $4,556/mo, and annual cash flow totals $19,887/yr on $135,149 invested. Return on cash invested prints 34.62% in year one, and rental yield reads 13.41% against a $407,690 entry. Equity gained on principal adds $2,631/yr, while 5% annual appreciation compiles into $112,637 by year five. Five-year ROI reaches 182.98% and total cumulative return in cash sums $247,290. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,556/mo property income covering a $1,995/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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