514 Peach Spring DrHoustonTX77037
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
Rental property for sale in Houston at 514 Peach Spring Dr, Houston, TX, 77037 offers $1,822/mo rent that, after a $1,419/mo payment. Total monthly income is $1,822/mo. Return on cash invested measures 16.92% in year one, and rental yield stands at 7.54% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 88.04% and total cumulative return in cash reaches $84,609. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,822/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77037, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 3,304 (61.5%) |
| Renter Occupied HU | 1,799 (33.5%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $176,266 |
| Average Home Value | $238,490 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
4,803
Multi-Family
554
Businesses
1,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices