6619 Boxwood BrgHoustonTX77041
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
Rental property for sale in Houston at 6619 Boxwood Brg, Houston, TX, 77041 generates $4,078/mo in rent and, after a $1,904/mo payment, leaves $1,228/mo in cash flow. Total monthly income is $4,078/mo, and annual cash flow is $14,735/yr on $128,954 invested. Return on cash invested sits at 31.34% in year one, and rental yield is 12.58% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 165.6% and total cumulative return in cash sums $213,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
8,428 sqft lot
$N/A/sqft
$1,006 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kay Wright • RE/MAX Universal
Mls Name: HAR
Mls Provider:
Mls ID: #80543008
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.