3306 Elmcrest Dr, Houston, TX, 77088 | $582/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3306 Elmcrest Dr, Houston, TX, 77088 | $582/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Houston at 3306 Elmcrest Dr, Houston, TX, 77088 offers a 10.28% rental yield on a $400,000 purchase with $3,427/mo rent. Total monthly income registers $3,427/mo, and a $1,958/mo payment leaves $582/mo available for distribution. Annual cash flow reaches $6,988/yr on $132,600 to close, and return on cash invested stands at 25.18% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 132.34% and total cumulative return in cash at $175,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,427/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

8,999 sqft lot

$N/A/sqft

No HOA

More details about the property

This home is a hidden jewel located in the Oaks of Inwood. The community is within close proximity to Garden Oaks and Oak Forest. Most of all, it is located in an area that has easy access to most of the major highways such as Hwy 290, Hwy 249, I-45, I-10, and Loop 610 Northwest. This home has 5 bedrooms with the primary bedroom located downstairs. Upstairs are 4 bedrooms, a hidden area designed as a computer nook, a full bath, and gameroom.The home is located on a spacious lot with beautiful mature, colorful Crape Myrtle Trees.The community includes a clubhouse and pool. Most importantly, this community has NEVER FLOODED and is not located in a flood zone.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77088, Houston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,348 (100%)
Owner Occupied HU	11,008 (56.9%)
Renter Occupied HU	7,238 (37.4%)
Vacant Housing Units	1,102 ( 5.7%)
Median Home Value	$222,266
Average Home Value	$280,068