5606 Iris Harvest DrHoustonTX77091
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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 5606 Iris Harvest Dr, Houston, TX, 77091 offers $4,961/mo rent that, after a $1,958/mo payment, leaves $2,116/mo cash flow. Total monthly income is $4,961/mo, and annual cash flow is $25,396/yr on $132,598 cash. Return on cash invested measures 39.06% in year one, and rental yield stands at 14.88% at a $399,995 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,511 by year five. Five-year ROI records 206.77% and total cumulative return in cash reaches $274,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,961/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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