5815 Queensgate DrHoustonTX77066
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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
Investment property for sale in Houston at 5815 Queensgate Dr, Houston, TX, 77066 offers a 11.94% rental yield on a $307,400 purchase with $3,058/mo rent. Total monthly income registers $3,058/mo, and a $1,505/mo payment leaves $830/mo available for distribution. Annual cash flow reaches $9,955/yr on $101,903 to close, and return on cash invested stands at 29.68% in year one. Equity gained on principal adds $1,984/yr while 5% annual appreciation supports $84,929 over five years. Portfolio math shows five-year ROI at 156.63% and total cumulative return in cash at $159,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,058/mo property income against a $1,505/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
9,408 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77066, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 7,725 (61.7%) |
| Renter Occupied HU | 4,309 (34.4%) |
| Vacant Housing Units | 485 ( 3.9%) |
| Median Home Value | $248,749 |
| Average Home Value | $299,792 |
Housing Distribution
Address Breakdown
Residential
11,082
Single Family
9,578
Multi-Family
1,504
Businesses
862
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