3116 Somerset Levens LnHoustonTX77055
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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 3116 Somerset Levens Ln, Houston, TX, 77055 priced at $974,900 pairs $5,628/mo rent with after a $4,772/mo payment. Total monthly income equals $5,628/mo. Return on cash invested is 13.98% in year one, and rental yield stands at 6.93% on a $974,900 basis. Equity gained on principal adds $6,291/yr, and 5% annual appreciation accumulates to $269,347 by year five. Five-year ROI measures 72.68% and total cumulative return in cash reaches $233,119. For financing, Ziffy Mortgage’s DSCR program evaluates $5,628/mo property income against a $4,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
3,571 sqft lot
$N/A/sqft
$3,445 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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Listed by: Bill Baldwin • Boulevard Realty
Mls Name: HAR
Mls Provider:
Mls ID: #86153656
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