5824 Grace LnHoustonTX77021
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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 5824 Grace Ln, Houston, TX, 77021 uses $93,616 cash to close to unlock $10,656/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,896/mo, and a $1,382/mo payment keeps the spread at $888/mo. Purchase price stands at $282,400, and rental yield measures 12.31% with $2,896/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $78,022 over five years. Five-year ROI reaches 165.13% and total cumulative return in cash records $154,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,896/mo property income covering a $1,382/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
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