3823 Deer Grass CtHoustonTX77059
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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 3823 Deer Grass Ct, Houston, TX, 77059 uses $167,099 cash to close to unlock $18,998/yr annual cash flow and $1,583/mo monthly cash flow. Total monthly income runs $5,236/mo, and a $2,486/mo payment keeps the spread at $1,583/mo. Purchase price stands at $507,900, and rental yield measures 12.37% with $5,236/mo rent. Return on cash invested shows 31.43% in year one, and 5% annual appreciation builds toward $140,323 over five years. Five-year ROI reaches 165.93% and total cumulative return in cash records $277,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,236/mo property income covering a $2,486/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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