6825 Chasewood DrMissouri CityTX77489
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 Missouri City at 6825 Chasewood Dr, Missouri City, TX, 77489 priced at $115,000 converts $2,107/mo rent into $1,061/mo cash flow after a $563/mo obligation. Total monthly income equals $2,107/mo, and annual cash flow totals $12,733/yr on $38,123 invested. Return on cash invested prints 53.31% in year one, and rental yield reads 21.99% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 285.9% and total cumulative return in cash sums $108,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,107/mo property income covering a $563/mo payment, not borrower’s personal income.
Townhouse
Built in 1974
2,032 sqft lot
$N/A/sqft
$228 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77489, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,391 (100%) |
| Owner Occupied HU | 9,634 (71.9%) |
| Renter Occupied HU | 3,323 (24.8%) |
| Vacant Housing Units | 434 ( 3.2%) |
| Median Home Value | $218,009 |
| Average Home Value | $246,764 |
Housing Distribution
Address Breakdown
Residential
13,210
Single Family
12,553
Multi-Family
657
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Grant • FYI Realty - Humble
Mls Name: HAR
Mls Provider:
Mls ID: #73287806
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.