5831 Picasso PlHoustonTX77096
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 5831 Picasso Pl, Houston, TX, 77096 uses $165,419 cash to close to unlock $23,989/yr annual cash flow and $1,999/mo monthly cash flow. Total monthly income runs $5,593/mo, and a $2,442/mo payment keeps the spread at $1,999/mo. Purchase price stands at $499,000, and rental yield measures 13.45% with $5,593/mo rent. Return on cash invested shows 34.41% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 181.96% and total cumulative return in cash records $300,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,593/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1962
9,090 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
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Listed by: Kendyl Maurer-Somer • Weichert, Realtors - The Murray Group
Mls Name: HAR
Mls Provider:
Mls ID: #59370950
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