5231 Brookmeade DrHoustonTX77045
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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 5231 Brookmeade Dr, Houston, TX, 77045 priced at $245,000 pairs $2,008/mo rent with $266/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,008/mo, and annual cash flow comes to $3,191/yr on $81,218 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 9.84% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 125.1% and total cumulative return in cash reaches $101,604. For financing, Ziffy Mortgage’s DSCR program evaluates $2,008/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77045, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,692 (100%) |
| Owner Occupied HU | 6,933 (59.3%) |
| Renter Occupied HU | 4,164 (35.6%) |
| Vacant Housing Units | 595 ( 5.1%) |
| Median Home Value | $169,660 |
| Average Home Value | $221,768 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
9,529
Multi-Family
2,342
Businesses
965
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Listed by: Christina DeLaTorre • REALM Real Estate Professionals - North Houston
Mls Name: HAR
Mls Provider:
Mls ID: #84919962
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