5310 Canterway DrHoustonTX77048
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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 5310 Canterway Dr, Houston, TX, 77048 priced at $115,000 converts $910/mo rent into after a $563/mo obligation. Total monthly income equals $910/mo. Return on cash invested prints 19.39% in year one, and rental yield reads 9.5% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 102.58% and total cumulative return in cash sums $39,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $910/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,381 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77048, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,953 (53.6%) |
| Renter Occupied HU | 3,499 (37.9%) |
| Vacant Housing Units | 790 ( 8.5%) |
| Median Home Value | $221,333 |
| Average Home Value | $259,997 |
Housing Distribution
Address Breakdown
Residential
8,553
Single Family
6,769
Multi-Family
1,784
Businesses
208
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #90338684
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