5607 Evening Shore DrHoustonTX77041
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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 5607 Evening Shore Dr, Houston, TX, 77041 offers $5,072/mo rent that, after a $3,059/mo payment, leaves $472/mo cash flow. Total monthly income is $5,072/mo, and annual cash flow is $5,666/yr on $205,625 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 9.74% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 119.96% and total cumulative return in cash reaches $246,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,072/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,132 sqft lot
$N/A/sqft
$1,865 annually 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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Listed by: Rebecca Hutton • Redfin Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #27233327
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