6502 Mesa Vista CtHoustonTX77083
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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 6502 Mesa Vista Ct, Houston, TX, 77083 generates $3,056/mo in rent and, after a $1,561/mo payment, leaves $788/mo in cash flow. Total monthly income is $3,056/mo, and annual cash flow is $9,457/yr on $105,715 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 11.5% on a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,106 over five years. Five-year ROI reaches 152.07% and total cumulative return in cash sums $160,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,056/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Housing Distribution
Address Breakdown
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
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