5318 Ridgewood ReefHoustonTX77041
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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 5318 Ridgewood Reef, Houston, TX, 77041 offers a 7.63% rental yield on a $649,000 purchase with $4,126/mo rent. 31% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 90.09% and total cumulative return in cash at $192,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,126/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
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