5438 Novak CtDanburyTX77534
Nearby investment properties with comparable rents
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
Investment property for sale in Danbury at 5438 Novak Ct, Danbury, TX, 77534 offers a 9.49% rental yield on a $140,000 purchase with $1,107/mo rent. Total monthly income registers $1,107/mo, and a $685/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,340/yr on $46,410 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 119.56% and total cumulative return in cash at $55,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,107/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77534, Danbury, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 905 (78.2%) |
| Renter Occupied HU | 183 (15.8%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $362,305 |
| Average Home Value | $360,232 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices