664 N Eldridge PkwyHoustonTX77079
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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 664 N Eldridge Pkwy, Houston, TX, 77079 offers $2,546/mo rent that, after a $781/mo payment, leaves $1,111/mo cash flow. Total monthly income is $2,546/mo, and annual cash flow is $13,327/yr on $52,874 cash. Return on cash invested measures 45.11% in year one, and rental yield stands at 19.15% at a $159,500 entry. Equity gained on principal adds $1,029/yr while 5% annual appreciation compounds into $44,067 by year five. Five-year ROI records 241.73% and total cumulative return in cash reaches $127,813. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,546/mo property income versus a $781/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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