5615 Ivory Mist LnHoustonTX77041
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 Houston at 5615 Ivory Mist Ln, Houston, TX, 77041 at $550,000 posts ROI 38.48% with $2,777/mo cash flow from $6,846/mo rent. Total monthly income equals $6,846/mo, and annual cash flow records $33,328/yr on $180,950 to close. Return on cash invested measures 38.48% and rental yield reads 14.94% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 204% and total cumulative return in cash totals $369,142.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,846/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
7,501 sqft lot
$N/A/sqft
$1,890 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: Steve Hardcastle • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #16285328
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