6035 Diamond Sky LnHoustonTX77048
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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 6035 Diamond Sky Ln, Houston, TX, 77048 offers a 12.26% rental yield on a $269,400 purchase with $2,752/mo rent. Total monthly income registers $2,752/mo, and a $1,319/mo payment leaves $836/mo available for distribution. Annual cash flow reaches $10,030/yr on $89,306 to close, and return on cash invested stands at 31.14% in year one. Equity gained on principal adds $1,738/yr while 5% annual appreciation supports $74,430 over five years. Portfolio math shows five-year ROI at 164.27% and total cumulative return in cash at $146,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,752/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77048, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,953 (53.6%) |
| Renter Occupied HU | 3,499 (37.9%) |
| Vacant Housing Units | 790 ( 8.5%) |
| Median Home Value | $221,333 |
| Average Home Value | $259,997 |
Housing Distribution
Address Breakdown
Residential
8,553
Single Family
6,769
Multi-Family
1,784
Businesses
208
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