5 Carmel Chase CtManvelTX77578
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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
Rental property for sale in Manvel at 5 Carmel Chase Ct, Manvel, TX, 77578 generates $3,558/mo in rent and, after a $1,772/mo payment, leaves $984/mo in cash flow. Total monthly income is $3,558/mo, and annual cash flow is $11,803/yr on $120,003 invested. Return on cash invested sits at 29.74% in year one, and rental yield is 11.79% on a $362,000 entry. Equity gained on principal adds $2,336/yr, while 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 156.81% and total cumulative return in cash sums $188,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,558/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77578, Manvel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 9,657 (82.6%) |
| Renter Occupied HU | 1,463 (12.5%) |
| Vacant Housing Units | 573 ( 4.9%) |
| Median Home Value | $377,590 |
| Average Home Value | $400,715 |
Housing Distribution
Address Breakdown
Residential
11,430
Single Family
10,460
Multi-Family
970
Businesses
469
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