6302 Crossway DrHoustonTX77084
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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 6302 Crossway Dr, Houston, TX, 77084 priced at $305,000 converts $2,133/mo rent into after a $1,493/mo obligation. Total monthly income equals $2,133/mo. Return on cash invested prints 19.25% in year one, and rental yield reads 8.39% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 100.63% and total cumulative return in cash sums $101,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,133/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1992
6,298 sqft lot
$N/A/sqft
$236 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
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Listed by: Marisol Vazquez • The Sears Group
Mls Name: HAR
Mls Provider:
Mls ID: #60398508
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