6486 Cambridge Glen LnHoustonTX77035
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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 6486 Cambridge Glen Ln, Houston, TX, 77035 priced at $114,000 converts $913/mo rent into after a $558/mo obligation. Total monthly income equals $913/mo. Return on cash invested prints 15.54% in year one, and rental yield reads 9.61% against a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation compiles into $31,496 by year five. Five-year ROI reaches 83.47% and total cumulative return in cash sums $31,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $913/mo property income covering a $558/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
3,414 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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Listed by: Pansy Granberry • Better Homes and Gardens Real Estate Gary Greene - Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #22078066
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