4007 Glenn Ricki DrHoustonTX77045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4007 Glenn Ricki Dr, Houston, TX, 77045 offers a 9.41% rental yield on a $189,900 purchase with $1,489/mo rent. Total monthly income registers $1,489/mo, and a $929/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,669/yr on $62,952 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 118.35% and total cumulative return in cash at $74,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,489/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77045, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,692 (100%) |
| Owner Occupied HU | 6,933 (59.3%) |
| Renter Occupied HU | 4,164 (35.6%) |
| Vacant Housing Units | 595 ( 5.1%) |
| Median Home Value | $169,660 |
| Average Home Value | $221,768 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
9,529
Multi-Family
2,342
Businesses
965
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices