5323 Fairdale LnHoustonTX77056
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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 5323 Fairdale Ln, Houston, TX, 77056 priced at $849,000 converts $8,562/mo rent into $2,525/mo cash flow after a $4,155/mo obligation. Total monthly income equals $8,562/mo, and annual cash flow totals $30,301/yr on $279,321 invested. Return on cash invested prints 30.91% in year one, and rental yield reads 12.1% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 163.02% and total cumulative return in cash sums $455,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,562/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1999
3,576 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
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Listed by: Austin Oztan • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #46303337
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