3415 Palm Desert LnMissouri CityTX77459
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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 Missouri City at 3415 Palm Desert Ln, Missouri City, TX, 77459 generates $2,688/mo in rent, after a $1,855/mo payment. Total monthly income is $2,688/mo. Return on cash invested sits at 19.84% in year one, and rental yield is 8.51% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 103.68% and total cumulative return in cash sums $130,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,688/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77459, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,944 (100%) |
| Owner Occupied HU | 26,467 (80.3%) |
| Renter Occupied HU | 5,147 (15.6%) |
| Vacant Housing Units | 1,330 ( 4.0%) |
| Median Home Value | $397,528 |
| Average Home Value | $448,031 |
Housing Distribution
Address Breakdown
Residential
31,456
Single Family
29,313
Multi-Family
2,143
Businesses
1,689
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Listed by: Becky Faust • RE/MAX Fine Properties
Mls Name: HAR
Mls ID: #17203963