6407 Silver Shade DrHoustonTX77064
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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 6407 Silver Shade Dr, Houston, TX, 77064 priced at $340,500 converts $2,640/mo rent into $138/mo cash flow after a $1,667/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $1,659/yr on $112,876 invested. Return on cash invested prints 21.38% in year one, and rental yield reads 9.3% against a $340,500 entry. Equity gained on principal adds $2,197/yr, while 5% annual appreciation compiles into $94,074 by year five. Five-year ROI reaches 112.26% and total cumulative return in cash sums $126,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,667/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,446 sqft lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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