3307 Chris 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
Investment property for sale in Houston at 3307 Chris Dr, Houston, TX, 77063 offers a 9.89% rental yield on a $535,000 purchase with $4,411/mo rent. Total monthly income registers $4,411/mo, and a $2,619/mo payment leaves $606/mo available for distribution. Annual cash flow reaches $7,273/yr on $176,015 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 127.02% and total cumulative return in cash at $223,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,411/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,993 sqft 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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