707 Queensmill CtHoustonTX77079
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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 707 Queensmill Ct, Houston, TX, 77079 priced at $635,000 pairs $5,447/mo rent with $931/mo cash flow after a $3,108/mo payment. Total monthly income equals $5,447/mo, and annual cash flow comes to $11,177/yr on $208,915 invested. Return on cash invested is 25.41% in year one, and rental yield stands at 10.29% on a $635,000 basis. Equity gained on principal adds $4,098/yr, and 5% annual appreciation accumulates to $175,439 by year five. Five-year ROI measures 133.54% and total cumulative return in cash reaches $278,984. For financing, Ziffy Mortgage’s DSCR program evaluates $5,447/mo property income against a $3,108/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
7,270 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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