5004 Park DrHoustonTX77023
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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 Houston at 5004 Park Dr, Houston, TX, 77023 generates $2,084/mo in rent, after a $2,757/mo payment. Total monthly income is $2,084/mo. Return on cash invested sits at 7.62% in year one, and rental yield is 4.44% on a $563,200 entry. Equity gained on principal adds $3,634/yr, while 5% annual appreciation builds toward $155,602 over five years. Five-year ROI reaches 38.11% and total cumulative return in cash sums $70,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77023, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,449 (100%) |
| Owner Occupied HU | 4,708 (41.1%) |
| Renter Occupied HU | 5,593 (48.9%) |
| Vacant Housing Units | 1,148 (10.0%) |
| Median Home Value | $327,051 |
| Average Home Value | $347,036 |
Housing Distribution
Address Breakdown
Residential
10,991
Single Family
8,014
Multi-Family
2,977
Businesses
945
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