3815 Fernglade DrHoustonTX77068
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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 3815 Fernglade Dr, Houston, TX, 77068 listed at $368,000 pairs $2,688/mo rent with a $1,801/mo payment to leave $71/mo cash flow. Total monthly income runs $2,688/mo, and annual cash flow reaches $855/yr on $121,992 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 8.77% at a $368,000 basis. Equity gained on principal adds $2,375/yr, and annual property appreciation at 5% supports $101,672 by year five. Five-year ROI tracks 107.83% and total cumulative return in cash totals $131,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,688/mo property income relative to a $1,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
9,008 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
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