4015 Essex LnHoustonTX77027
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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
Rental property for sale in Houston at 4015 Essex Ln, Houston, TX, 77027 offers $6,772/mo rent that, after a $6,118/mo payment. Total monthly income is $6,772/mo. Return on cash invested measures 13.82% in year one, and rental yield stands at 6.5% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 71.42% and total cumulative return in cash reaches $289,237. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,772/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,701 sqft lot
$N/A/sqft
$1,139 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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Listed by: Layla Izad-Rackley • Layla Izad-Rackley
Mls Name: HAR
Mls Provider:
Mls ID: #59624062
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