6023 Glen Lee DrHumbleTX77396
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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 Humble at 6023 Glen Lee Dr, Humble, TX, 77396 priced at $215,000 converts $1,532/mo rent into $3/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,532/mo, and annual cash flow totals $41/yr on $71,273 invested. Return on cash invested prints 19.97% in year one, and rental yield reads 8.55% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 104.41% and total cumulative return in cash sums $74,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,532/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77396, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,201 (100%) |
| Owner Occupied HU | 12,843 (60.6%) |
| Renter Occupied HU | 7,356 (34.7%) |
| Vacant Housing Units | 1,002 ( 4.7%) |
| Median Home Value | $281,369 |
| Average Home Value | $354,128 |
Housing Distribution
Address Breakdown
Residential
21,026
Single Family
15,154
Multi-Family
5,872
Businesses
962
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Listed by: Rocio Perez • Century 21 Lucky Money
Mls Name: HAR
Mls Provider:
Mls ID: #72612906
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