315 Thicket LnHoustonTX77079
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
Rental property for sale in Houston at 315 Thicket Ln, Houston, TX, 77079 priced at $915,000 pairs $5,033/mo rent with after a $4,478/mo payment. Total monthly income equals $5,033/mo. Return on cash invested is 14.19% in year one, and rental yield stands at 6.6% on a $915,000 basis. Equity gained on principal adds $5,904/yr, and 5% annual appreciation accumulates to $252,798 by year five. Five-year ROI measures 73.34% and total cumulative return in cash reaches $220,769. For financing, Ziffy Mortgage’s DSCR program evaluates $5,033/mo property income against a $4,478/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
8,398 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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