6715 Cortenridge LnHoustonTX77048
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
Investment property for sale in Houston at 6715 Cortenridge Ln, Houston, TX, 77048 earns $661/mo cash flow from $2,574/mo rent with a $1,317/mo payment. Total monthly income totals $2,574/mo, and annual cash flow totals $7,929/yr on $89,174 capital. ROI tracks 28.8% on current figures, and rental yield reads 11.48% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 151.74% and total cumulative return in cash sums $135,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.
Single Family
Built in 2018
5,031 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77048, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,953 (53.6%) |
| Renter Occupied HU | 3,499 (37.9%) |
| Vacant Housing Units | 790 ( 8.5%) |
| Median Home Value | $221,333 |
| Average Home Value | $259,997 |
Housing Distribution
Address Breakdown
Residential
8,553
Single Family
6,769
Multi-Family
1,784
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices