6923 Mossridge DrHoustonTX77069
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 6923 Mossridge Dr, Houston, TX, 77069 generates $3,328/mo in rent and, after a $2,051/mo payment, leaves $305/mo in cash flow. Total monthly income is $3,328/mo, and annual cash flow is $3,660/yr on $138,932 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 9.53% on a $419,100 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,790 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash sums $164,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
9,548 sqft lot
$N/A/sqft
$43 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices