6902 Patterson DrMissouri CityTX77459
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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
Investment property for sale in Missouri City at 6902 Patterson Dr, Missouri City, TX, 77459 offers a 8.67% rental yield on a $425,000 purchase with $3,070/mo rent. Total monthly income registers $3,070/mo, and a $2,080/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $575/yr on $140,888 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 106.23% and total cumulative return in cash at $149,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,070/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
7,705 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77459, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,944 (100%) |
| Owner Occupied HU | 26,467 (80.3%) |
| Renter Occupied HU | 5,147 (15.6%) |
| Vacant Housing Units | 1,330 ( 4.0%) |
| Median Home Value | $397,528 |
| Average Home Value | $448,031 |
Housing Distribution
Address Breakdown
Residential
31,456
Single Family
29,313
Multi-Family
2,143
Businesses
1,689
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Listed by: Becky Garcia • Jason Mitchell Real Estate LLC
Mls Name: HAR
Mls ID: #73672723