5223 Wigton DrHoustonTX77096
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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
Investment property for sale in Houston at 5223 Wigton Dr, Houston, TX, 77096 uses $129,285 cash to close to unlock $6,810/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $3,341/mo, and a $1,909/mo payment keeps the spread at $568/mo. Purchase price stands at $390,000, and rental yield measures 10.28% with $3,341/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 132.31% and total cumulative return in cash records $171,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,341/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
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