7015 Falling Cherry PlHoustonTX77049
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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 Houston at 7015 Falling Cherry Pl, Houston, TX, 77049 priced at $305,000 converts $2,084/mo rent into after a $1,493/mo obligation. Total monthly income equals $2,084/mo. Return on cash invested prints 18.9% in year one, and rental yield reads 8.2% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 98.63% and total cumulative return in cash sums $99,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,084/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 2007
5,575 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77049, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 8,143 (61.6%) |
| Renter Occupied HU | 4,292 (32.5%) |
| Vacant Housing Units | 775 ( 5.9%) |
| Median Home Value | $241,202 |
| Average Home Value | $295,661 |
Housing Distribution
Address Breakdown
Residential
13,446
Single Family
9,892
Multi-Family
3,554
Businesses
597
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