6975 Chasewood DrMissouri CityTX77489
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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
Rental property for sale in Missouri City at 6975 Chasewood Dr, Missouri City, TX, 77489 priced at $109,900 pairs $1,859/mo rent with $727/mo cash flow after a $538/mo payment. Total monthly income equals $1,859/mo, and annual cash flow comes to $8,729/yr on $36,432 invested. Return on cash invested is 43.87% in year one, and rental yield stands at 20.3% on a $109,900 basis. Equity gained on principal adds $709/yr, and 5% annual appreciation accumulates to $30,363 by year five. Five-year ROI measures 236.77% and total cumulative return in cash reaches $86,260. For financing, Ziffy Mortgage’s DSCR program evaluates $1,859/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
1,602 sqft lot
$N/A/sqft
$350 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
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Listed by: Micca Johnson Dave • Paramount Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #55267677
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