5819 Eldridge Glen 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 5819 Eldridge Glen Dr, Houston, TX, 77041 generates $3,301/mo in rent and, after a $1,904/mo payment, leaves $535/mo in cash flow. Total monthly income is $3,301/mo, and annual cash flow is $6,414/yr on $128,987 invested. Return on cash invested sits at 24.88% in year one, and rental yield is 10.18% on a $389,100 entry. Equity gained on principal adds $2,511/yr, while 5% annual appreciation builds toward $107,501 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash sums $168,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,301/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.41 Acres lot
$N/A/sqft
No 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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