638 S Ripple Creek DrHoustonTX77057
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 638 S Ripple Creek Dr, Houston, TX, 77057 at $235,000 posts ROI 30.89% with $713/mo cash flow from $3,499/mo rent. Total monthly income equals $3,499/mo, and annual cash flow records $8,557/yr on $77,903 to close. Return on cash invested measures 30.89% and rental yield reads 17.87% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 169.22% and total cumulative return in cash totals $131,824.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,499/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
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Listed by: Kim Nguyen • Camelot Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #32449995
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