450 Rivergrove DrHoustonTX77015
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 450 Rivergrove Dr, Houston, TX, 77015 with 5% annual appreciation on a $288,400 basis while $3,001/mo rent supports operations. Total monthly income totals $3,001/mo and a $1,412/mo payment preserves $929/mo for cash returns. Annual cash flow comes to $11,145/yr on $95,605 deployed, and return on cash invested reaches 31.57% in year one. Equity gained on principal adds $1,861/yr, and five-year appreciation sums $79,680 alongside rental yield of 12.49%. Five-year ROI measures 166.67% and total cumulative return in cash totals $159,342.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,001/mo property income versus a $1,412/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
7,258 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices