6315 Mardale DrHoustonTX77016
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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 6315 Mardale Dr, Houston, TX, 77016 offers a 9.15% rental yield on a $110,000 purchase with $839/mo rent. Total monthly income registers $839/mo, and a $538/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $686/yr on $36,465 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 114.26% and total cumulative return in cash at $41,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $839/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77016, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,727 (100%) |
| Owner Occupied HU | 7,091 (60.5%) |
| Renter Occupied HU | 3,758 (32.0%) |
| Vacant Housing Units | 878 ( 7.5%) |
| Median Home Value | $122,354 |
| Average Home Value | $212,209 |
Housing Distribution
Address Breakdown
Residential
11,431
Single Family
10,633
Multi-Family
798
Businesses
550
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