5344 Institute LnHoustonTX77005
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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 5344 Institute Ln, Houston, TX, 77005 priced at $1,750,000 converts $6,372/mo rent into after a $8,565/mo obligation. Total monthly income equals $6,372/mo. Return on cash invested prints 6.46% in year one, and rental yield reads 4.37% against a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation compiles into $483,493 by year five. Five-year ROI reaches 32.24% and total cumulative return in cash sums $182,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,372/mo property income covering a $8,565/mo payment, not borrower’s personal income.
Single Family
Built in 2008
3,223 sqft lot
$N/A/sqft
$6,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77005, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 6,906 (61.7%) |
| Renter Occupied HU | 3,500 (31.3%) |
| Vacant Housing Units | 782 ( 7.0%) |
| Median Home Value | $1,265,055 |
| Average Home Value | $1,285,274 |
Housing Distribution
Address Breakdown
Residential
10,650
Single Family
7,619
Multi-Family
3,031
Businesses
965
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Listed by: Robert Bland • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #96651340
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